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

Reuters India Thursday, 16 January 2020
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.
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News video: U.S., China sign 'Phase 1' trade deal, but holes remain

U.S., China sign 'Phase 1' trade deal, but holes remain 02:44

The U.S. and China signed an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. products, but will leave a number of sore spots unresolved. Lisa Bernhard has more.

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