#USChinaTradeTalks #The USA-China trade agreement, often referred to as the Phase One deal, was signed in January 2020 as a significant step toward resolving ongoing trade tensions between the two largest economies in the world. This agreement aimed to address various issues, including intellectual property theft, currency manipulation, and tariffs that had escalated during the trade war. Under the deal, China committed to purchasing an additional $200 billion worth of American goods and services over two years, including agricultural products, manufactured goods, and energy. In return, the U.S. agreed to reduce some tariffs. While the agreement marked a temporary easing of tensions, challenges remain in achieving long-term trade stability.