US reaches a phase one trade deal with China in principle pending Trump’s approval

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from CNBC,

The Trump administration has reached a trade deal in principle with China, three sources close to the talks told CNBC.

The president met with advisors Thursday afternoon about whether to scrap the next round of tariffs on China.

The Trump administration has offered to eliminate tariffs on Chinese goods set to take effect Sunday and cut some existing duties in half, sources told CNBC.

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