US, China sign 'momentous' trade deal

In this file photo taken on April 6, 2017, US President Donald Trump (R) welcomes Chinese President Xi Jinping to the Mar-a-Lago estate in West Palm Beach, Florida. PHOTO | JIM WATSON | AFP

What you need to know:

  • The "phase one" deal is also a boon for Donald Trump as he faces an impeachment trial and a tough re-election fight this year, with the US president hailing the agreement as "momentous".
  • But as Trump ambled through a lengthy commentary on the deal, major networks switched away from the White House to Congress where articles of impeachment were to be presented to the Senate as the first step towards a trial.
  • In a letter to Trump read by Liu, the Chinese president said the deal is "good for China, for the US and for the whole world."
  • Chinese state-run newspapers hailed the signing of the "hard-fought agreement", but warned that it would "not take much to banjax the deal" and bring tensions to a head again.



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