China, U.S. Agree to Lift Tariffs in Phases

The transcript discusses the progress and market reactions to the US-China trade deal, focusing on the limited nature of the agreement, which involves tariff rollbacks and increased US agricultural purchases by China. The political sensitivities surrounding the signing location are also highlighted, with both countries cautious about appearing to concede too much.

What does the term 'limited deal' imply in the context of the US-China trade discussions?

What challenges are faced in determining the location for the signing of the trade deal?