Shane Solly: Harbour Asset Management spokesperson on the US and China's trade talks - Heather du Plessis-Allan Drive

The US and China have agreed to slash their reciprocal tariffs by 115 percent for 90 days.

Washington imposed a 145 percent tariff on Chinese imports at the start of the year - and Beijing responded with a 125 percent levy on some US goods.

But this weekend's trade negotiations between US and Chinese officials in Switzerland appear to have gone well. 

Harbour Asset Management's Shane Solly explains further.

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