Report: President Donald Trump Approves Proposed Trade Deal With China

The transcript discusses a significant Phase One trade deal between the US and China, announced by President Trump. The deal includes delaying new tariffs on $160 billion of Chinese imports and halving some existing US tariffs. In exchange, China will purchase $50 billion in US agricultural products. The deal does not address issues with Huawei Technologies. The announcement led to a rise in US stock markets, indicating positive economic expectations.

What did the administration previously state regarding the deal and Huawei Technologies?

How did U.S. stocks react after President Trump tweeted about the deal with China?