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The good, the bad & the ugly about US-China trade breakthrough

One year ago   |   By RT

The limited deal between the world's two largest economies was welcomed by the stock markets and international organizations, but there are concerns that the deal is far from flawless and lacks necessary details.
Washington and Beijing announced on Friday that they finally reached a “historic and enforceable agreement” on a phase-one deal that cancels looming tariff hikes, which were set to kick in on Sunday, as well as lowering some of the existing ones.
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China is cautiously welcoming the new 'Phase One' deal struck with the US, but the trade war is far from over

China is cautiously welcoming the new 'Phase One' deal struck with the US, but the trade war is far from over

One year ago   |   By Business Insider

The US and China agreed a preliminary "Phase One" deal in their ongoing trade war on Friday.
The deal will mean reduced tariffs on both sides, and China will buy up more American farm products.
Chinese officials and media seem cautiously optimistic about the deal, but warned that the full text still needs to undergo extensive legal and translation review.
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China put a positive face Saturday on a first-step trade agreement that dials down a trade war it blames the US for starting.
Chinese experts and news media joined government officials...
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