U.S., China Reach Phase-One Deal, Easing Trade Tensions
U.S., China Reach Phase-One Deal, Easing Trade Tensions 1(Bloomberg) — The U.S. and China agreed to the first phase of a broader trade agreement that will see the U.S. reduce tariffs, and at least temporarily calm fears of an escalating trade war between the world’s two largest economies. The deal announced hinges on China increasing purchases of American farm goods such as soybeans and pork, and …
News story posted on 2019-12-16T06:43:00.0000000Z