Report: President Donald Trump Approves Proposed Trade Deal With China

The transcript discusses a significant Phase One trade deal between the US and China, announced by President Trump. The deal includes delaying new tariffs on $160 billion of Chinese imports and halving some existing US tariffs. In exchange, China will purchase $50 billion in US agricultural products. The deal does not address issues with Huawei Technologies. The announcement led to a rise in US stock markets, indicating positive economic expectations.

What was the main focus of the Phase One deal announced by President Trump?

• Increasing tariffs on Chinese imports

• Reducing US agricultural exports

• Outlining a substantial trade agreement

• Addressing issues with Huawei Technologies

Which company was mentioned as not being addressed in the Phase One deal?

• Xiaomi

• Apple

• Huawei Technologies

• Samsung

What was one of the key outcomes of the trade deal regarding tariffs?

• Tariffs on $160 billion in Chinese imports were delayed

• Tariffs on European imports were increased

• All tariffs were removed

• New tariffs were introduced

How much did China agree to spend on US agricultural products as part of the deal?

• $100 billion

• $50 billion

• $25 billion

• $10 billion

What was the market's reaction to President Trump's tweet about the trade deal?

• US stocks fell

• US stocks rose

• US stocks were unaffected

• US stocks remained unchanged