November 7, 2019 / 5:53 PM / 4 days ago

U.S., China agree to roll back tariffs in phase one trade deal - U.S. official

FILE PHOTO: A 100 yuan banknote (R) is placed next to a $100 banknote in this picture illustration taken in Beijing November 7, 2010. REUTERS/Petar Kujundzic

WASHINGTON (Reuters) - The United States and China have agreed to roll back tariffs as part of the first phase of a trade deal between the world’s two biggest economies, a U.S. official confirmed on Thursday.

Reporting by Jeff Mason; Editing by Chizu Nomiyama

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