The U.S. and China have yet to sign their phase one trade deal, but the two economic superpowers have already begun setting their sights on phase two. “It's important we remember that our eyes are on prize,
WASHINGTON/BEIJING (Reuters) - The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said be
After more than a year and a half of swapping punishing tariffs, the US and China have struck a preliminary trade deal that is set to deescalate the trade war between the world’s two largest economies.
BEIJING — President Trump’s initial retreat from his trade-war threats has handed hard-liners in China a victory. A longer, pricklier trade war and stiff Chinese resistance to economic reforms could result.
What we know so far is this: Trump agreed to scale back some tariffs (which was China’s top demand and was cheered on Wall Street). In exchange, China said it will buy more U.S. farm products (which Beijing
Topline: The U.S. and China have finally agreed upon an initial trade deal in the 19-month-long trade war, resulting in a rollback of both existing and scheduled tariffs, officials from both sides said
“The China issue isn’t going away if we have another Trump presidency or if we have a Democrat,” said one economist. Following the news that a phase one China trade deal had been forged, President Donald