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The tech war continues; Phase 1 deal gets mixed greeting from industries, markets

Jan 16, 2020 - Los Angeles Times

The Phase 1 trade deal celebrated by President Trump and Chinese officials Wednesday received a mixed greeting from U.S. industries and markets. Here is how some in the key sectors expect to be affected.


Agriculture markets fell as traders grew skeptical over the deal's payoff. Some traders expressed concern that the potential benefits of the trade truce are already priced in to commodities such as soybeans, cotton and hogs that are expected to benefit the most from incre...