Hedge Fund News From HedgeCo.Net


US reaches a phase one trade deal with China in principle pending Trump’s approval

(CNBC) The Trump administration has reached a phase one trade deal with China in principle, pending approval from President Donald Trump, three sources close to talks told CNBC on Thursday. Trump met with top advisors on Thursday about trade with China and whether to delay the next round of U.S. tariffs. Duties of 15%, set to take effect Sunday, would affect about $160 billion in Chinese-made goods including toys, computers, phones and clothing.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply