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Partial US-China trade deal only 'baby step' as thorny issues remain


The 18-month trade spat is finally broken. But the thornier issues have been left for later.

BEIJING: A partial US-China deal may only offer a temporary tariff reprieve because it lacks specifics and leaves the thorny issues for later, analysts said, allowing both economic powers to claim success.

Friday's initial agreement -- which included increasing US farm product purchases, and also covers intellectual property, financial services and currencies -- finally breaks an 18-month trade spat.

Engulfed in an impeachment inquiry, US President Donald Trump heralded the deal as a major breakthrough.

But it will take weeks to finalise and the details ...


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