US, China reach limited trade deal ahead of tariff deadline
By Brett Samuels and Morgan Chalfant - 12/12/19 06:19 PM EST
The U.S. and China on Thursday reached a partial trade agreement that includes scrapping tariffs set to go into effect on Sunday, according to a source familiar with the matter.
Further specifics of the limited deal were not immediately clear, and it must still be signed by President Trump and leaders in Beijing.
A statement from the White House was expected at some point Thursday evening, according to an official. The White House declined to comment.
The agreement, which was first reported by Bloomberg News, comes just days before tariffs on roughly $160 billion on Chinese goods — including cell phones, video games and certain toys — were set to increase.
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https://thehill.com/policy/finance/474381-us-china-reach-limited-trade-deal-ahead-of-tariff-deadline