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TRUMP TO SIGN CHINA TRADE DEAL TODAY –

President Trump is expected to sign an initial trade deal with China on Wednesday morning, bringing the first chapter of a protracted and economically damaging fight with the world’s second-largest economy to a close. (The New York Times)

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U.S. FACES GLOBAL COMPETITION UNDER PHASE 1 AGREEMENT WITH CHINA –

“Chinese officials have repeatedly said that the purchases will be market-based, and a lot of analysts have interpreted that to mean that the Chinese government won’t necessarily be directing purchases, but rather that the purchases will be made on their merit,” AFBF Economist Veronica Nigh said. “That means that in order to sell more U.S. products, the U.S. is going to have to win market share away from other competitors.” (Farm Bureau)

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