Comment on Trump has reportedly signed trade agreement with China, averting major tariff escalation

Trump has reportedly signed trade agreement with China, averting major tariff escalation

AP Photo/Andy Wong Bloomberg News reported on Thursday that the US and China have hammered out unspecified terms of a so-called phase-one trade agreement. An initial pact had been announced in October but was not signed or even put to paper. The agreement suspended plans to extend punitive tariffs to virtually all imports from the second-largest economy.

 

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