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Donald Trump Announces Phase One Trade Deal With China

December 12, 2019 00:00 AM UTC
- Updated April 28, 2020 20:17 PM UTC

“It’s a phenomenal deal.”

Transcript

We have the China deal, as you know, we just approved a little while ago. And it's, to me, it's not complicated. But that's what I do. It's a phenomenal deal. The tariffs will largely remain, 25% on $250 billion dollars. And we'll use them for future negotiations on the phase 2 deal because China w...

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