U.S., China sign "phase one" deal for truce in bruising trade war

The United States and China formally reached a truce in their two-year trade war, as they signed on Wednesday a deal that will lead to a rollback of some U.S. tariffs and require China to boost purchases of farm and other products."Today we take a momentous step...toward a future of fair and reciprocal trade," U.S. President Donald Trump said in a signing ceremony at the White House for the so-called phase one deal, emphasizing that it will also address various concerns over Chinese trade practices that have put U.S. firms at a disadvantage.Chinese Vice Premier Liu He, the country's top neg…READ FULL ARTICLE