China's Vice-Premier Liu He, US trade representative Robert Lighthizer (left) and US Treasury Secretary Steve Mnuchin. Photo: Reuters
Economy /  China Economy

Trade war: US, China reach ‘historic and enforceable’ phase one deal

  • The agreement covers a wide range of issues, including intellectual property protection, technology transfers and agricultural purchases
  • As an immediate result, a new 15 per cent tariff on around US$160 billion of Chinese goods, scheduled to come into effect on Sunday, was cancelled
Topic |   US-China trade war
SCMP
Teddy Ng , Wendy Wu , Finbarr Bermingham

Updated: 11:41am, 16 Dec, 2019

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China's Vice-Premier Liu He, US trade representative Robert Lighthizer (left) and US Treasury Secretary Steve Mnuchin. Photo: Reuters
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Teddy Ng

Teddy Ng

Teddy Ng joined the Post’s China desk in 2011, focusing on the nation’s foreign affairs. He is now deputy editor of the section.

Wendy Wu

Wendy Wu

Wendy Wu is a Beijing-based reporter focusing on international finance and diplomacy. Her journalism career spans a decade and she has been reporting for the Post since 2015. Wendy has a master's degree in finance from Germany's University of Freiburg.

Finbarr Bermingham

Finbarr Bermingham

Finbarr Bermingham has been reporting on Asian trade since 2014. Prior to this, he covered global trade and economics in London. He joined the Post in 2018, before which he was Asia Editor at Global Trade Review and Trade Correspondent for the International Business Times.