The United States and China on Wednesday signed the 'Phase One' of trade deal.
The deal was signed here between President Donald Trump and Chinese Vice Premier Liu He to end the trade war between the two economic giants, Sputnik reported.
Liu, who is the head of the country's negotiation team in US-China trade talks, is leading a Chinese delegation to Washington DC.
The trade war between the two countries began in 2018 after Washington DC slapped tariffs on USD 25 billion worth of Chinese goods, quickly escalating to include hundreds of billions of dollars' worth of products from both the countries.
While signing the deal, Trump said he planned to visit China in the 'not too distant future'.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app