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US reached a phase one trade deal with China in principle pending Trump’s approval

The Trump administration has reached a phase one trade deal with China in principle, pending approval from President Donald Trump, three sources close to talks told CNBC on Thursday. Stock futures jumped on the news but the gains were capped as traders awaited confirmation of the deal from China.

Friday, December 13, 2019
CNBC
Topics: 
Donald Trump
China
Trade
Author Info: Kayla Tausche, Jacob Pramuk
Teaser Text: 
The Trump administration has reached a phase one trade deal with China in principle, pending approval from President Donald Trump, three sources close to talks told CNBC on Thursday. Stock futures jumped on the news but the gains were capped as traders awaited confirmation of the deal from China.
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