Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
Trump says he’ll sign first-step China trade deal on January 15
President Donald Trump gives a thumbs-up after arriving for Christmas Eve dinner at Mar-a-lago in Palm Beach, Florida, Tuesday, December 24, 2019.
Latest News
December 30, 2019

Trump says he’ll sign first-step China trade deal on January 15

WEST PALM BEACH, Florida (AP) — The first phase of a US-China trade agreement will be inked at the White House in mid-January, President Donald Trump announced Tuesday, adding that he will visit Beijing at a later date to open another round of talks aimed at resolving other sticking points in the relationship.

“I will be signing our very large and comprehensive Phase One Trade Deal with China on January 15,” Trump tweeted from his Florida home. “The ceremony will take place at the White House.”

High-level Chinese government officials will attend, he said.

“At a later date I will be going to Beijing where talks will begin on Phase Two!” Trump said. He did not announce a date for the visit.

In the first-step agreement, which actually is smaller than the comprehensive deal Trump initially had reached for, the US dropped its plan to impose new tariffs on US$160 billion of Chinese imports starting earlier this month. Such a move would likely have led to higher prices for many consumer goods as Americans shopped for gifts during the holiday season.

The Trump administration also agreed to cut existing import taxes on about US$112 billion in Chinese goods from 15 per cent to 7.5 per cent.

In return, the US said China agreed to buy US$40 billion a year in farm products over two years, even though US agricultural exports to China have never exceeded US$26 billion a year.

Beijing also committed to ending a long-standing practice of pressuring companies to hand over their technology as the price for gaining access to the vast Chinese market.

China also agreed to lift certain barriers to its markets for such products as beef, poultry, seafood, pet food and animal feed, according to US officials.

But at the same time, the initial agreement left some major issues unresolved, notably complaints that Beijing unfairly subsidizes its own companies to give them a competitive advantage in world markets.

No detailed paperwork on the agreement has been released, and China has yet to confirm the dollar amount of US farm goods it has pledged to buy.

Both sides have said they’ve been waiting for text of the agreement to be translated between Chinese and English.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Middle East war enters seventh day as Israel strikes Beirut
International News, Latest News
Middle East war enters seventh day as Israel strikes Beirut
March 5, 2026
BEIRUT, Lebanon (AFP)—The raging Iran war, which has spread across the Middle East and beyond, entered its seventh day Friday after Israeli forces ann...
{"jamaica-observer":"Jamaica Observer"}
Reallocation of  $11.4 billion from NHT is in the national interest – PM
Latest News, News
Reallocation of $11.4 billion from NHT is in the national interest – PM
March 5, 2026
KINGSTON, Jamaica—Prime Minister Dr Andrew Holness says the Government’s decision to take $11.4 billion from the National Housing Trust (NHT) is guide...
{"jamaica-observer":"Jamaica Observer"}
Trinidad terminates Dwight Yorke’s contract as national team head coach
Latest News, Sports
Trinidad terminates Dwight Yorke’s contract as national team head coach
March 5, 2026
PORT OF SPAIN, Trinidad (CMC) – The Dwight Yorke era at the helm of the Trinidad and Tobago Men’s Senior National Team has come to an end. The Trinida...
{"jamaica-observer":"Jamaica Observer"}
JPS releases list of communities to be restored by March 31
Latest News, News
JPS releases list of communities to be restored by March 31
March 5, 2026
KINGSTON, Jamaica— The Jamaica Public Service (JPS) has published a new list of communities scheduled to receive power supply by March 31. The list sp...
{"jamaica-observer":"Jamaica Observer"}
Cuba restores power to most households after major blackout
International News, Latest News
Cuba restores power to most households after major blackout
March 5, 2026
HAVANA, Cuba (AFP)—Cuban authorities said on Thursday that electricity was restored for the majority of households after a blackout hit two-thirds of ...
{"jamaica-observer":"Jamaica Observer"}
Waterhouse, Cavalier score win in rescheduled JPL games
Latest News, Sports
Waterhouse, Cavalier score win in rescheduled JPL games
March 5, 2026
KINGSTON, Jamaica—Waterhouse FC and defending champions Cavalier SC won their rescheduled Jamaica Premier League games on Thursday over Portmore Unite...
{"jamaica-observer":"Jamaica Observer"}
Edwin Allen boys get $1-million Champs boost from former student athletes
Latest News, Sports
Edwin Allen boys get $1-million Champs boost from former student athletes
March 5, 2026
CLARENDON, Jamaica—The Edwin Allen High boys team was given a big boost ahead of the ISSA/GraceKennedy Championships set for March 24-28 with a donati...
{"jamaica-observer":"Jamaica Observer"}
Venezuela to protect mining firms as diplomatic ties restored says US
International News, Latest News
Venezuela to protect mining firms as diplomatic ties restored says US
March 5, 2026
MAIQUETÍA, Venezuela (AFP)—Venezuela has promised safe conditions for foreign mining companies keen to invest in the country, a United States (US) off...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct