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China suspends tariff hikes on US cars, auto parts

China has announced a 90-day suspension of tariff hikes on $126 billion of U.S. cars, trucks and auto parts following its cease-fire in a trade battle with Washington that threatens global economic growth.

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___ GM says it has 2,700 jobs for workers slated to be laid off DETROIT (AP) — The General Motors' massive 14,000-person layoff announced last month might not be as bad as originally projected.