U.S., China finalize partial deal to ease tit-for-tat trade war

The United States and China on Friday said they finalized a partial trade deal, with Washington agreeing to alleviate existing punitive tariff rates imposed on some Chinese goods in return for Beijing's commitment to a substantial boost in farm purchases."We have agreed to a very large Phase One Deal with China," President Donald Trump tweeted, bringing a temporary truce in the bruising trade war that has played out for more than a year.He welcomed China's planned "massive purchases" not only of agricultural products but also of energy and manufactured goods that would serve one of his goal…READ FULL ARTICLE