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US, China Reach Partial Trade Deal; Avoid Tariff Increase

Eurasia Review Saturday, 12 October 2019 ()
By Nike Ching

U.S. President Donald Trump announced Friday that Washington and Beijing had reached a substantial phase-one trade deal, covering agricultural purchases, currency and some aspects of intellectual property protections.

China would increase significant purchases of U.S. agricultural goods and agree to certain...
Credit: CBS 2 New York - Published < > Embed
News video: China, U.S. Reach New Trade Deal Ahead Of Deadline

China, U.S. Reach New Trade Deal Ahead Of Deadline 02:42

The United States is suspending a tariff hike on $250 billion in Chinese imports that was set to take effect Tuesday and China agreed to buy $40 billion in U.S. farm products. CBS2's Alice Gainer reports.

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