The United States and China announced that they had reached a “Phase One” trade deal that would see a reduction in tariffs from both sides as well as increase China’s purchases of U.S. agricultural products.
Bloomberg notes the deal averts a new round of tariffs scheduled to go into effect on December 15.
President Trump tweeted that the deal was “amazing.” It’s probably not a coincidence it was announced just minutes after impeachment articles were passed by the House Judiciary Committee.
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