Trump: US Reaches ‘Substantial’ Phase 1 Trade Deal With China

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The United States and China have reached an initial but “substantial” trade agreement dealing with intellectual property, major agricultural purchases and financial services, President Donald Trump said Friday afternoon. The partial agreement could signal a major easing, or even an imminent end, to a trade war between the two countries that has been widely blamed for hurting the global economy. Trump said the two countries are “very close to ending” the trade war, which has been one of the dominant economic events in his presidency.

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Author: HEDGE

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