By Karl Plume and Tom Polansek CHICAGO, Jan 15 (Reuters) - China's pledge to buy U.S. farm goods based on "market conditions" during the Phase 1 trade deal signing ceremony on Wednesday added to doubts among farmers and commodity traders over Beijing's lingering tariffs on U.S. exports. The agreement, meant to reduce tensions after nearly two years of a tit-for-tat tariff … [Read more...]
China Signs ‘Phase 1’ Trade Deal with United States
WASHINGTON, Jan 15 (Reuters) - The United States and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved. Beijing and Washington touted the "Phase 1" agreement as a step forward after … [Read more...]
U.S. Top Trade Negotiator Praises Deal, China Remains Cautious
By David Lawder and Kevin Yao WASHINGTON/BEIJING, Dec 16 (Reuters) - U.S. President Donald Trump's top trade negotiator praised a "phase one" U.S.-China trade deal which is expected to nearly double U.S. exports to China over the next two years, while China remained cautious ahead of the signing of the agreement. U.S. Trade Representative Robert Lighthizer, speaking on CBS' … [Read more...]
U.S. and China Agree to ‘Phase One’ Trade Deal
By Shawn Donnan, Miao Han and Jenny Leonard (Bloomberg) --The U.S. and China said they agreed to the details of the first phase of a broader trade agreement in a move that will see the U.S. reduce tariffs, at least temporarily calm fears of an escalating trade war between the world’s two largest economies. The deal announced hinges on China increasing purchases of American … [Read more...]
Trump Says China Trade Deal Might Have to Wait for 2020 Election
By Steve Holland and William Schomberg LONDON, Dec 3 (Reuters) - President Donald Trump said a trade agreement with China might have to wait until after the U.S. presidential election in November 2020, denting hopes of a resolution soon to a dispute that has weighed on the world economy. "I have no deadline, no," Trump told reporters in London, where he was due to attend a … [Read more...]