President Donald Trump said Friday the U.S. and China have agreed to a phase-one trade deal, and announced tariffs scheduled for Dec. 15 on Chinese goods...
President Donald Trump said Friday the U.S. and China have agreed to a phase-one trade deal, and announced tariffs scheduled for Dec. 15 on Chinese goods have been called off. Trump said Beijing had agreed to "massive" purchases of U.S. agricultural and other goods but did not give a specific number. In a tweet Trump said on existing tariffs some Chinese products would remain and that new discussions on a second deal would begin immediately. U.S. stocks SPX, -0.
See Full Story ‘Phase 1’ of U.S.-China trade deal cuts some tariffs, eliminates new ones planned for Sunday In Beijing, the government declined to disclose details on the scale of the tariff reduction or of its purchases of U.S. farm products. #div-gpt-ad-1569967089584-0 > div > iframe { width: 100% !important; min-width: 300px; max-width: 800px; }
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