US President Donald Trump and Chinese Vice Premier Liu He signed a "phase one" trade deal at the White House on Wednesday local time.Credit:Bloomberg
Tariffs will remain on around $US360 billion of annual Chinese imports to the US,giving Trump leverage to extract more concessions from China in the future.
Trump said he would remove all the remaining tariffs as part of a"phase two"trade deal,which is not expected to be reached before the November presidential election.