Trump and Beijing officials agree to tariff rollbacks; no farm purchase commitment
Share:
BEIJING/WASHINGTON (Reuters) - The United States and China cooled their trade war on Friday, announcing a "Phase one" agreement that reduces some U.S. tariffs in exchange for increased Chinese purchases of American farm goods. Chinese officials offered no specific details on the amount of U.S. agricultural goods Beijing had agreed to buy, a key sticking point in recent deal negotiations to end the 17-month trade war between the world's two largest economies. The agreement was announced as the..