President Donald Trump Approves Trade Deal With China

The transcript discusses the Phase One trade deal between the US and China, announced by President Trump. It highlights that the deal does not address issues with Huawei Technologies, a Chinese tech giant blacklisted by the US. The deal delays new tariffs on $160 billion in Chinese imports and reduces some existing US tariffs. Additionally, China will purchase $50 billion in US agricultural products. President Trump mentions that negotiations for a Phase Two deal will begin immediately, rather than waiting until after the 2020 election.

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