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  • the U.

  • S.

  • And China have signed a partial trade deal aimed at easing the 18 month trade conflict between the world's two biggest economies.

  • President Trump and China's vice premier attended a ceremony at the White House.

  • Mr Trump said the agreement was a momentous step towards the future of fair and reciprocal trade between the US and China are global trade correspondent Dashi and David has this assessment from American farmers producing soya beans or pork to car manufacturers on Chinese factory workers making our Elektronik gadgets.

  • These are the people and businesses bearing the brunt off the trade war.

  • It's fair goods on which extra charges or tariffs have been imposed, and those costs have added over $800 to the average American families.

  • Annual bills on, according to one estimate, cost up to 300,000 US jobs.

  • With the pain mounting for those trade dispute was meant to help, President Trump has agreed a truce.

  • Today we take a momentous step, one that has never been taken before with China toward a future of fair and reciprocal traders.

  • We signed phase one of the historic trade deal between the United States and China, the relief may be mutual.

  • The Chinese people have seen their incomes grow at the slowest rate in three decades in the face of the war triggered by President Trump to protect American jobs and companies from what he viewed as unfair competition.

  • But is this a victory or a climb down from the U.

  • S.

  • President Abd?

  • Is the relationship between the superpowers being significantly overhauled?

  • Well, China has promised to buy another $200 billion worth off US agricultural goods on industrial goods worth some $75 million.

  • But when it actually keep to those promises in return, the US is Harv ing its tariffs or import taxes on $120 billion worth off Chinese goods.

  • But it will continue to levy 25% tariffs on products worth another $250 billion.

  • Meanwhile, President Trump's biggest and thorniest complaint that China unfairly subsidizes its industries has not been resolved on.

  • It's unlikely to be any time soon, but will take a number of months for us to see how the agreements working out in practice on then, with respect to the remaining issues that are supposed to be in face to I think that's frankly going to take quite a long time because I think our governments are still very far apart.

  • With an American election looming, this ceasefire, maybe as much political as economic President Trump's yet to achieve his ambition off rewriting the trade rulebook, those hoping that the U.

  • K and America can forge a mutually beneficial relationship after Brexit will be watching closely.

  • Dodgy Knee David BBC News.

the U.

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