164
US and China reach phase one trade deal: source
A deal is done, with some fine-tuning on the details underway…
The United States and China have completed phase one of a trade deal, a source confirms to FOX Business. Details of the deal are still being fine-tuned but are expected to avoid the December 15 tariffs, FOX Business has confirmed.
Reports that a deal was ‘imminent’ surfaced during the final hour of trading, giving the S&P 500 and Nasdaq a lift to all-time closing highs, while the Dow Jones Industrial Average was just shy.
READ MORE HERE >> https://www.foxbusiness.com/markets/us-and-china-reach-phase-one-trade-deal-source?fbclid=IwAR1DJShmDvJx89hNxDLLxiaGpzvGlThNMAxj7lL2OyfGItrS8yb6dfLB938