China, U.S. sign initial trade pact but doubts and tariffs lingerWritten by Reuters | Source: Reuters | January 16, 2020 03:22 AM
BEIJING/WASHINGTON (Reuters) - China will boost purchases of U.S. goods and services by $200 billion over two years in exchange for the rolling back of some tariffs under an initial trade deal signed by the world’s two largest economies, defusing an 18-month row that has hit global growth.
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