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Trump announces phase-one trade deal, China hails “substantial progress” in trade talks but no mention of deal

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US President Donald Trump said on Friday his trade negotiators have reached a “ phase-one deal” that will delay the implementation of more US tariffs on Chinese imports after two days of high-level trade talks aimed to end a bruising bilateral trade war.

Trump touted a deal that includes intellectual property protections and purchases of US agricultural products worth as much as US$50 billion after US Treasury Secretary Steven Mnuchin and US Trade Representative Robert . . .

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