2025-05-12 18:01:33| BBC News | Business | World Edition

It is not an end to the trade war, but it is a significant truce, writes the BBC's economics editor.

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Carle Health is laying off 612 workers as it winds down two of its subsidiary health insurance companies, Health Alliance and FirstCarolinaCare.

The agreement marks a major de-escalation of the trade war between the world's two biggest economies.

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