US-China finally reach a Trade Deal, stemming off further Tariffs

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US China reach tentative trade deal

Today, U.S President Donald Trump will be signing a preliminary trade deal with Chinese representatives although the details of the 80-page long document are yet to be shared with the public causing some level of discomfort.

The new deal is rumoured to entail China buying at least $200 billion worth of goods in farm produce and also prevent Intellectual Property theft from US companies. China will also be increasing the amount of Soybeans import from the United States.

The United States and China have been on the trade battle for an estimated 18 long months before getting to this tentative stage of a preliminary deal.