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16 Jan
U.S. and China Sign Phase One of Trade Deal | 2020-01-16
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. The deal commits China to do more to crack down on the theft of American
United States and China formally sign ‘Phase One’ trade deal
As expected, the United States and China today officially inked the “Phase One” trade deal that was initially announced in mid-December. The office of the United States Trade Representative (USTR) said that the U.S. will be maintaining 25% tariffs on approximately $250 billion of Chinese imports, coupled with 7.5% tariffs on approximately $120 billion worth