Phase One of China Trade Deal to be Signed Next Week

A Chinese delegation will travel to Washington, D.C. next week to join President Donald Trump in signing the phase one trade agreement between the two nations.

Chinese Vice Premier Liu He will lead the group to Washington for the signing on January 13.

The signing of the deal will mean increased agricultural purchases by China, as well as a partial end to the trade war that’s dominated headlines for the past 18 months. China’s soybean imports from the U.S. recently hit a 20-month high at 2.6 million tons, the highest number since March of 2018.