PBS NewsHour

U.S. 'can't lose' in China trade deal, says Trump adviser

Clip: 01/15/2020 | 12m 4s | Video has closed captioning.

After two years of escalating threats and tariffs, the U.S. and China have signed a trade deal. In what is known as Phase 1 of a larger agreement, Beijing pledged to increase purchases of U.S. goods, while U.S. tariffs remain on $360 billion of Chinese imports. Nick Schifrin reports and Judy Woodruff talks to Peter Navarro, director of the White House Office of Trade and Manufacturing Policy.