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The Trump administration is creating a 'board of trade' with Chinese officials to manage commerce between the two countries, potentially providing tariff relief on non-sensitive goods worth $30 billion or more in annual exports from each nation, according to Politico Europe. The proposal, first introduced by U.S. Trade Representative Jamieson Greer in March, marks a significant shift from the administration's earlier hardline trade stance and suggests a willingness to de-escalate economic tensio