Friday, May 9, 2025

Trump says US has come to a substantial phase one deal with China

Source: CNBC The U.S. has come to a “very substantial phase one deal” with China in the high-stakes trade negotiations between the two economic superpowers, President Donald Trump said Friday. “Phase two will start almost immediately” after the first phase is signed, Trump said in the Oval Office alongside Chinese Vice Premier Liu He. The first portion of the trade