U.S. and China
Reveal Details of
'Phase One' Trade Deal The limited trade deal was
formally signed by President Donald
Trump and Chinese Vice Premier
Liu He at the White House. President Trump, via 'USA Today' Chinese President Xi Jinping,..
The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world's two largest economies.
Senate Minority Leader Chuck Schumer on Wednesday doubled down on his rejection of Phase 1 of the U.S.-China trade deal, saying President Donald Trump should "throw it away and take China back to the negotiating table."