US-China declare trade war truce with ‘phase one’ deal

Trump, China sign 'Phase 1' of trade deal

There is no celebration in the act of 4 steps backwards which Trump initiated in the first place lying his tits off that tarriffs were an income producing policy. But then when the damage done was hurting  moving 2 steps forward again to ease the pain and calling that a win.. That’s what Kim Jong un is an expert at. doing. Threatening, promising and then threatening again gaining  regaining inches maybe but losing all respect the nation once had for being trusted. Republicans are doing it for themselves and not the country (ODT)

The US and China have declared an official truce in their two-year long trade war, signing a deal that will see the US reduce some tariffs and China purchase hundreds of billions of dollars worth of American goods and services.

US President Donald Trump and Chinese Vice Premier Liu He signed the “phase one” agreement at a ceremony at the White House on Wednesday morning (Thursday morning Australian time).

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