
US and China Strike Major Trade Deal, Ending Years of Conflict
US and China Reach Trade Deal to Resolve Trade War The United States and China have reached a significant agreement to resolve the ongoing trade war between the two economic giants. The deal, announced by U.S. Trade Representative Jamieson Greer, comes after two days of intense negotiations. The agreement addresses the substantial $1.2 trillion trade deficit the United States faces with China. Greer stated, "It's important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not so large as maybe thought." He expressed confidence that the agreement will help to resolve the national emergency declared by the President and the tariffs imposed as a result. The details of the agreement are still emerging, but the announcement marks a potential turning point in the protracted trade dispute. Observers are closely watching to see how this agreement will impact global markets and the overall relationship between the US and China. The successful conclusion of these talks offers a glimmer of hope for improved cooperation and stability in the future.