12/14/2019, 4:02 AM (Source: TeleTrader)
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Trade deal consensus to benefit global economy - China's official

The world economy will benefit from a consensus on the trade deal reached by China and the United States, Chinese Deputy Commerce Minister Yu Jianhua (pictured right) said on Saturday.

"The consensus reached between China and the US on phase-one deal bolstered market confidence and will benefit both the countries, as well as the world economy," Yu asserted.

Previously, Washington and Beijing agreed on a deal in principle on Thursday. US President Donald Trump signed off the agreement shortly after the consensus was reached, delaying the tariffs which were set to take effect on December 15.

Breaking the News / GA