US-China deal cuts tariffs for Beijing

By Andrea Shalal and David Lawder and Stella Qiu
Updated December 14 2019 - 11:23am, first published 11:19am
US President Donald Trump has scrapped plans for tariffs on Chinese products in a deal with Beijing.
US President Donald Trump has scrapped plans for tariffs on Chinese products in a deal with Beijing.

The United States and China announced a "Phase one" trade agreement that reduces some US tariffs in exchange for a big jump in Chinese purchases of American farm products and other goods.

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