The U.S. and China agreed that an initial trade deal would roll back some tariffs placed on each others’ goods, a big step toward easing tensions.
Thursday, November 7, 2019 1:08 PM EST
The so-called “phase one” agreement has not yet been finalized and the exact terms are still under discussion. But the Trump administration has committed to rolling back tariffs if an agreement is reached, according to people familiar with the negotiations. The move suggests the two sides are getting closer to a deal that would provide relief to businesses and consumers that have struggled with the additional costs of tariffs.
Read More »
NYT
| 