(FOX BUSINESS NEWS) https://www.foxbusiness.com/politics/us-china-reach-partial-trade-deal-reports
The U.S. and China have reached a partial trade pause.
President Trump, speaking at the White House, said: “We’ve come to a very substantial phase one deal”...adding it will take three to five weeks to get written. The deal includes intellectual property, financial services and $40-$50 billion related to agriculture products. It is unclear what the U.S will give up in return and a comprehensive trade deal will have two or three phases.
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The U.S. will not be raising tariffs on the Chinese next week to the 30 percent level as part of this agreement.