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U.S.-China Trade Pact, Meant to Heal Rifts, Could Make Them Worse

U.S.-China Trade Pact, Meant to Heal Rifts, Could Make Them Worse

BEIJING — President Trump and China say their new trade pact is just the beginning of a fresh relationship between the world’s two biggest economies. Future deals will make China a better trading partner, the White House says. Beijing claims to foresee an end to American tariffs and the punishing trade war. They are probably both wrong. Wednesday’s

Trump Hopes Trade Deals Will Boost Growth. Experts Don’t Agree.

Trump Hopes Trade Deals Will Boost Growth. Experts Don’t Agree.

WASHINGTON — Cabinet secretaries and White House officials have predicted that President Trump’s initial trade agreement with China and his revised accord with Mexico and Canada — slated for final passage this week — will deliver twin jolts to the economy. But outside forecasters, including some economists who have welcomed the China agreement in particular,

China, U.S. sign initial trade pact but doubts and tariffs linger

China, U.S. sign initial trade pact but doubts and tariffs linger

BEIJING/WASHINGTON (Reuters) - China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global growth. Key world stock market indexes climbed to record highs after

Australia upbeat about US-China trade deal

Australia upbeat about US-China trade deal

The United States and China have signed an initial trade deal that will roll back some tariffs and boost Chinese purchases of US products, defusing an 18-month row between the world's two largest economies but leaving a number of sore spots unresolved. But the deal does not fully eliminate the tariffs that have slowed the global economy. "I think this

'Regret and unhappiness': China offers muted response to US trade deal

'Regret and unhappiness': China offers muted response to US trade deal

Reaction in China to the US trade deal has been muted, with state media playing down news of the agreement signed in Washington and adopting a conciliatory tone. On Wednesday, Donald Trump and the Chinese vice-premier, Liu He, signed an initial pact that hits pause on more than two years of escalating trade tensions. China pledged to buy more US products

Concerns linger after U.S. and China sign initial trade deal

Concerns linger after U.S. and China sign initial trade deal

BEIJING/WASHINGTON (Reuters) - China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global growth. Key world stock market indexes climbed to record highs on news

US, China to sign massive purchases deal

US, China to sign massive purchases deal

The Phase 1 agreement caps 18 months of tariff conflict between the world's two largest economies that has hit hundreds of billions of dollars in goods, roiling financial markets, uprooting supply chains and slowing global growth. Trump and Liu are scheduled to sign the 86-page document on Wednesday at a White House event before over 200 invited guests

Doubts linger after U.S. and China sign initial trade deal

Doubts linger after U.S. and China sign initial trade deal

BEIJING/WASHINGTON (Reuters) - China will boost spending on U.S. products in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies on Wednesday, defusing an 18-month row but leaving numerous thorny issues unresolved. Beijing and Washington touted the “Phase 1” agreement as a step forward

Trump's Phase 1 trade deal with China hasn't solved all of tech's issues     - CNET

Trump's Phase 1 trade deal with China hasn't solved all of tech's issues - CNET

President Donald Trump and Chinese Vice Premier Liu He, hold up signed agreements of Phase 1 of a trade deal between the U.S. and China, in the East Room at the White House, on January 15, 2020 in Washington, DC. Mark Wilson/Getty Images President Donald Trump on Wednesday signed a "Phase One" trade deal with China , which addresses some key issues