Wednesday, January 15, 2020

US and China due to sign phase one trade deal

The US and China are expected to sign an initial trade deal today that would be a first step in ending the long-running dispute between the world's two largest economies.

The phase one agreement has not yet been made public but its expected to roll back US tariffs on Chinese goods in return for China buying more U.S. crops and products.

It is also expected to include more protection for American technology and trade secrets. But many issues remain unresolved with talks on a Phase Two deal postponed until after the 2020 election.

Kate Fisher reports from Washington

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