President Trump signed a landmark trade agreement with China, heralding a period of detente in a trade war between the world’s two largest economies fueled by decades of complaints that Beijing was manipulating its currency and stealing trade secrets from American firms.
The pact, detailed in a 94-page document, is only the initial phase of a broader deal that Trump has said may come in as many as three sections.
“Together, we are righting the wrongs of the past,” Trump said in a pomp-filled signing ceremony. “It doesn’t get any bigger than this.”