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China and US sign phase one trade deal


US President Donald Trump and Chinese Vice Premier Liu He signed a phase one trade deal at the White House Wednesday morning, ending a nearly two-year-long trade war between the world’s two biggest economies.

The signing concluded lengthy on-and-off negotiations and formalized an 86-page accord reached in December in which the US agreed to halve tariffs on $120 billion of Chinese goods to 7.5 per cent and suspend plans for . . .

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