(WASHINGTON) TRUMP-CHINA DEAL REPORT: European shares gained ground on Thursday after the United States and China signed an eagerly awaited Phase 1 trade deal, but some questions still remained over certain key issues but its a start as with any deal that needs fine tuning it takes two to tango #AceFinanceDesk reports

#AceFinanceReport- Jan.16: Trump signs “Phase One” of limited trade deal with China President Trump signed “Phase One” of a trade deal with Chinese officials today. Yahoo Finance anchor and reporter Akiko Fujita joins CBSN to explain how tariffs have affected the U.S. and whether or not this is the end of the trade war: IFTTT, [Jan 16, 2020 at 03:51]

Mr Trump has hailed the deal as a “transformative”, but the majority of tariffs will remain in place: BBC News – Home IFTTT, [Jan 15, 2020 at 21:32] https://ift.tt/2NrXkus

European shares edge higher after U.S.-China trade deal hitting 29,000 for the first time:

(Reuters) – European shares gained ground on Thursday after the United States and China signed an eagerly awaited Phase 1 trade deal, but some questions still remained over certain key issues: The pan-European STOXX 600 index was up 0.1% by 0806 GMT: Global markets paused around record highs following the signing of the agreement on Wednesday, as the deal highlighted daunting purchase commitments of U.S. goods by China, while leaving existing tariffs in place. [MKTS/GLOB]

However, the prospect of no further escalation in the economically damaging trade war encouraged a slight risk-on mode: The European retail subindex .SXRP was the best performer, led by a 11.1% rise in German meal-kit delivery company HelloFresh (HFGG.DE) after it flagged a stronger 2019.

Fox News Laura Ingram reports ……..”While Nancy was trying to pass herself off as a second Betsy Ross, Trump was signing phase one of a trade pact with China that will directly benefit you, the American workers and our industry,” Ingraham said. “Now, this is a deal no one thought was going to happen, but it tackles intellectual property theft, has real enforcement triggers, still keeps tariffs in place to keep the Chinese honest.”

“Years from now, when we look back on this day, no one’s going to remember Nancy’s cheap theatrics,” Ingraham said. “They will remember though, how President Trump brought the Chinese to the bargaining table and delivered achievements few ever thought were possible.”

#AceFinanceDesk report ………….Reuters: Reporting by Ambar Warrick in Bengaluru

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