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ASX hits 7000 after US and China sign trade agreement

US President Donald Trump (right) and Chinese Vice Premier Liu He

US President Donald Trump (right) and Chinese Vice Premier Liu He Source: Getty Images

The United States has signed an historic trade agreement with China, in a move President Donald Trump says is righting past wrongs.


The formal signing of a trade deal marks a turning point in the two countries' ongoing trade dispute and is hoped to be a significant step for the two economic powers.

Although it's only phase one of the agreement, President Trump hails it as a breakthrough.


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