U.S., China sign ‘Phase One’ Trade Deal, Partial Tariff Rollback Included in Terms

Thu, 01/16/2020 – 08:45 On Jan. 15, the United States and China signed a modest ‘phase one’ trade agreement, signaling a major first step towards defusing tension in the trade war between the two nations. Under this initial agreement, the Trump administration will reduce the existing tariff rate on $120...