U.S., China agree to phase one of trade deal

U.S., China agree to phase one of trade deal

President Trump has signed phase one of the trade deal with China. The tariffs scheduled to go into effect December 15th reportedly will be delayed, but other details have to be ironed out, including potential actions on existing duties.

EARLIER: Bloomberg News says the U.S. and China have agreed in principle to phase one of a comprehensive trade deal.

Earlier Thursday, the Wall Street Journal said a deal could be close, following a Tweet by President Trump and reports the U.S.

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