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U.S. and China Sign Phase One of Trade Deal

  • White House ceremony caps years of acrimonious talks
  • Big issues of Beijing’s state-run economy left for phase two
Bloomberg business news
President Donald Trump says trade talks with China were tough and honest. He says tariffs “will all come off as soon as we finish Phase Two.”(Source: Bloomberg)
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The U.S. and China signed what they billed as the first phase of a broader trade pact on Wednesday amid persistent questions over whether President Donald Trump’s efforts to rewrite the economic relationship with Beijing will ever go any further.