US, China reach phase one trade deal: source
The United States and China have completed phase one of a trade deal, a source confirms to Fox Business. Details of the deal were still being fine-tuned but the Dec. 15 tariffs will not happen, Fox Business has confirmed, along with other key points.
The United States and China have completed phase one of a trade deal, a source confirms to Fox Business. Details of the deal were still being fine-tuned but the Dec. 15 tariffs will not happen, Fox Business has confirmed, along with other key points.
Phase one includes the following, Fox Business has learned:
Phase 2 negotiations will happen after the 2020 elections. President Trump is expected to announce more details Friday – but a signing ceremony with President Xi is unlikely to be scheduled.
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