United States President, Donald Trump on Wednesday ended two years of escalating trade battles with China, with a partial agreement to resolve some areas of conflict between the two countries.
Speaking at a ceremony while signing the trade agreement at the White House, Trump said the move was intended to facilitate fair and reciprocal trade between both countries.
“Today, we take a momentous step, one that’s never taken before with China that will ensure fair and reciprocal trade.
“Together, we are righting the wrongs of the past.”
However, tariffs will remain in place on hundreds of billions of two-way trade.