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China Says 'phase One' Trade Deal Reached With US

Sumaira FH Published December 13, 2019 | 09:55 PM

China says 'phase one' trade deal reached with US

China announced Friday a "phase one" trade deal with the United States that includes a progressive rollback of tariffs that have threatened to roil the global economy

Beijing, (APP - UrduPoint / Pakistan Point News - 13th Dec, 2019 ) :China announced Friday a "phase one" trade deal with the United States that includes a progressive rollback of tariffs that have threatened to roil the global economy.

"The two countries have agreed on the text of a phase one trade and economic deal," vice commerce minister Wang Shouwen said at a news conference, adding that the two sides now have to sign the agreement.

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