President Trump said the government had reach a “phase one” trade agreement with China and won’t be moving forward this week with the scheduled tariff increase to 30% on some $250 billion in imports. In return, China has agreed to buy $40 billion to $50 billion in U.S. agricultural products, according to a New York Times report. It also agreed to some provisions on intellectual property that would give U.S. financial service companies greater access to the Chinese market, and agreed to guidelines on how it manages its currency ...
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