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December 15, 2019
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Reuters - Business

China suspends planned tariffs scheduled for Dec. 15 on some U.S. goods

Reuters
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song SHANGHAI (Reuters) – China has suspended the planned additional tariffs on some U.S. goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on...
Reuters - Business

Mexico objects to labor enforcement provision in North American trade deal

Reuters
MEXICO CITY (Reuters) – Mexico’s deputy foreign minister, Jesus Seade, said on Saturday he sent a letter to the top U.S. trade official expressing surprise and concern over a labor enforcement provision proposed by a U.S. congressional committee in the new North American trade deal. FILE PHOTO: Mexico’s Deputy Foreign...
Reuters - Business

Mnuchin says trade deal with China to boost global economy

Reuters
DOHA (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday a “phase one” trade deal between the United States and China was “very good” for global economic growth, and added that the second phase could come in several steps. FILE PHOTO: U.S. Treasury Secretary Steve Mnuchin speaks about sanctions...
Reuters - Business

U.S. Mnuchin says trade deal with China to boost global economy

Reuters
DOHA (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday a “phase one” trade deal between the United States and China was “very good” for global economic growth, and added that the second phase could come in several steps. FILE PHOTO: U.S. Treasury Secretary Steve Mnuchin speaks about sanctions...
Reuters - Business

China top diplomat says China-U.S. trade deal good news for all

Reuters
Chinese Foreign Minister Wang Yi delivers a speech at an annual symposium on international situation and China’s diplomacy in Beijing, China December 13, 2019. REUTERS/Jason Lee LJUBLJANA (Reuters) – China and the United States’ “phase one” trade agreement is good news for all and will “provide stability in global trade”,...
Reuters - Business

Factbox: A lot of soy, a little rice – China’s historical U.S. agricultural purchases

Reuters
CHICAGO (Reuters) – The U.S. government said on Friday China would buy an additional $32 billion in U.S. farm goods over the next two years as part of an initial trade deal. FILE PHOTO: Soybeans in a field on Hodgen Farm in Roachdale, Indiana, U.S. November 8, 2019. Picture taken...
Reuters - Business

USTR files notice suspending Dec. 15 tariffs on Chinese goods

Reuters
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Friday filed a Federal Register notice suspending the 15% U.S. tariffs slated to go into effect on Sunday on Chinese goods worth...
Reuters - Business

Trade deal removes major hurdle for rally in Apple and tech

Reuters
SAN FRANCISCO (Reuters) – U.S. President Donald Trump’s limited trade deal with China removes a major hurdle for Apple (AAPL.O) and other technology stocks that have already surged this year to record highs. The so-called Phase One deal announced, but still not signed, on Friday suspends the planned imposition of...
Reuters - Business

What’s in the U.S.-China ‘phase one’ trade deal

Reuters
WASHINGTON (Reuters) – The United States and China have agreed on the terms of a “phase one” trade deal that reduces some U.S. tariffs on Chinese goods while boosting Chinese purchases of American farm, energy and manufactured goods and addressing some U.S. complaints about intellectual property practices. Following are details...
Reuters - Business

U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases

Reuters
WASHINGTON/BEIJING (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 what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods. Beijing has agreed to...
Reuters - Business

Global shares gain, oil rises, but caution lingers on U.S.-China deal

Reuters
NEW YORK (Reuters) – Global equity markets and oil prices rose on Friday after China and the United States agreed on an initial trade deal that rolls back some U.S. tariffs in exchange for China’s increased purchase of farm goods, coming just ahead of a deadline for a new round...
Reuters - Business

China says reached phase one deal with U.S., to cancel Sunday tariffs

Reuters
BEIJING (Reuters) – China and the United States have agreed on the text of a phase one trade deal, and Beijing has decided to cancel an earlier plan to impose additional tariffs on U.S. imports on Dec. 15, senior Chinese government officials said on Friday. The United States has promised...
CNBC Business

Phase one U.S.-China trade deal: What Cramer and other pros are saying

CNBC
The first leg in the U.S. and China’s long-awaited trade agreement provides a catalyst for stocks heading into next year, market professionals say. Source link: Click here for more
Reuters - Business

China to buy additional $32 billion in U.S. farm goods over two years, sign deal in January: USTR

Reuters
WASHINGTON (Reuters) – China has agreed to buy $32 billion of additional U.S. farm products over two years as part of a phase one trade pact, U.S. Trade Representative Robert Lighthizer told reporters on Friday, adding the deal would be signed the first week of January. FILE PHOTO: U.S. Trade...
Reuters - Business

U.S. may impose tariffs on Chinese imports if any disputes: Kudlow

Reuters
FILE PHOTO: U.S. Director of the Economic Council Larry Kudlow speaks during the Wall Street Journal CEO Council, in Washington, U.S., December 10, 2019. REUTERS/Al Drago WASHINGTON (Reuters) – The United States could levy tariffs against China if there are any disputes, White House economic adviser Larry Kudlow said about...
Reuters - Business

U.S.-China trade deal swaps tariff rollbacks for farm, energy purchases

Reuters
WASHINGTON/BEIJING (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 products and other goods. Beijing has agreed to buy $32 billion in additional agricultural goods over the...
Reuters - Business

The U.S. will phase out China tariffs, Beijing officials say

Reuters
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. REUTERS/Aly Song BEIJING/WASHINGTON (Reuters) – The United States has agreed to phase out tariffs on Chinese goods, Chinese officials said at a press conference...
Reuters - Business

China delays media briefing on U.S. trade talk

Reuters
FILE PHOTO: Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in Beijing, China, May 28, 2019. REUTERS/Jason Lee BEIJING (Reuters) – China has postponed a news briefing to give an update on progress in trade...

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