Business > U.S.

U.S., China agree to reduce tariffs, delay duties scheduled for Dec. 15: source

One year ago   |   By Reuters

The United States has agreed to reduce some tariffs on Chinese goods and delay a tranche of tariffs that were slated to go into effect on Dec. 15 as part of a trade deal between the two economic giants, a U.S. source familiar with the situation said on Thursday.
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U.S. and China reach partial trade deal

U.S. and China reach partial trade deal

One year ago   |   By Politico

The United States and China have struck a preliminary, mini-trade deal, two people familiar with the negotiations said today, a move that will calm tensions that have roiled economic relations between the world's two largest economies for nearly two years. The so-called phase one trade deal will require China to ramp up its purchases of U.S. farm goods within two years and enact financial services and intellectual property commitments, these people said. President Donald Trump is expected to cut back duties in place on $250 billion worth of imports and cancel a round of penalties on Dec...
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Wall Street hits records on news of U.S.-China trade deal

One year ago   |   By Reuters

Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two years.
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China and U.S. Believed to Settle on Trade Deal Terms, Reports Say

One year ago   |   By Newsweek

The U.S. and China have reportedly settled on the terms of a phase-one trade deal, though no legal text has been signed.
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Oil rises 1% on optimism for a U.S.-China trade deal

One year ago   |   By Reuters

Oil prices gained nearly 1% on Thursday on hopes that the United States and China were close to reaching a deal on an ongoing trade dispute that has raised concerns about global demand for crude.
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U.S. Stocks Rise on Report of China Trade Deal: Markets Wrap

One year ago   |   By Fortune

U.S. stocks rose after Bloomberg reported that the Trump administration reached a deal in principle with China on trade. Treasury yields spiked above 1.9%.
The S&P 500 pushed higher as Trump met with trade advisers on a deal that could be announced as soon as today, according to people briefed on the plans. The relentless trade drama continued to dominate sentiment on American equity markets, whipsawing equities ahead of Sunday's tariff deadline.
The trade tweets are the latest in what have been months of public proclamations by Trump's administration that a deal with China is within...
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The US reaches trade deal in principle with China, report says

The US reaches trade deal in principle with China, report says

One year ago   |   By Business Insider

Bloomberg News reported Thursday that the US and China have hammered out unspecified terms of a so-called phase-one trade agreement.
An initial pact had been announced in October but was not signed or even put to paper.
Trump was expected to meet with trade advisers at 2:30 p.m.
Visit Business Insider's homepage for more stories .
The US reportedly reached a trade deal in principle with China on Thursday, just days before a planned escalation that would have extended punitive tariffs to virtually all imports from the second-largest economy.
Bloomberg News reported Thursday that the two...
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U.S. reaches deal in principle on trade with China: source

One year ago   |   By Reuters

The United States has reached a "phase-one" trade deal in principle with China, a source briefed on talks between the two nations said on Thursday, saying a statement from the White House was expected soon.
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U.S., China Trade Deal Only Needs Trump Signature, According To Report

One year ago   |   By Forbes

The long-awaited trade deal could finally be happening.
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