International trade

FILE - In this Sept. 29, 2019, file photo, a man eats a snack while passing an "I love China" decoration at a popular shopping mall in Beijing. China is putting a positive face on an agreement to start dialing down a trade war that it blames the U.S. for starting. Chinese experts and news media said Saturday that the deal would reduce uncertainty for companies and lay the foundation for further talks. (AP Photo/Andy Wong)

Shoppers at a retail district pass by an American lingerie company Victoria's Secrets store in Beijing on Friday, Dec. 13, 2019. China deputy trade envoy says China, U.S. have reached trade deal, will reduce punitive tariffs on each other's goods. (AP Photo/Ng Han Guan)

Specialist Gregg Maloney, left, and trader John Panin work on the floor of the New York Stock Exchange, Friday, Dec. 13, 2019. After months of waiting, markets had a muted reaction to news Friday that the US and China had reached an initial deal on trade. (AP Photo/Richard Drew)

President Donald Trump poses for photos with Paraguay's President Mario Abdo Benitez at the White House, Friday, Dec. 13, 2019, in Washington. (AP Photo/ Evan Vucci)

French President Emmanuel Macron listens to European Council President Charles Michel prior to their meeting at the Elysee Palace, in Paris, Tuesday, Dec. 10, 2019. The two men discussed Europe's plans for Brexit, European efforts against climate change and this week's European Union summit in Brussels. (AP Photo/Francois Mori)

European Central Bank President Christine Lagarde, center, speaks with Luxembourg's Prime Minister Xavier Bettel, left, and French President Emmanuel Macron, right, during a round table meeting at an EU summit in Brussels, Friday, Dec. 13, 2019. European Union leaders are gathering Friday to discuss Britain's departure from the bloc amid some relief that Prime Minister Boris Johnson has secured an election majority that should allow him to push the Brexit deal through parliament. (AP Photo/Olivier Matthys)

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Dec. 13, 2019. Shares likewise jumped Friday in Asia following fresh all-time highs overnight on Wall Street spurred by optimism that the U.S. and China are close to reaching a deal to end their costly trade war. (AP Photo/Eugene Hoshiko)

Liberal Democrats Party leader Jo Swinson and her partner Duncan Hames arrive to cast their votes in the general election in Glasgow, Thursday Dec. 12, 2019. U.K. voters are voting Thursday for they want to resolve the stalemate over Brexit, in a parliamentary election widely seen as one of the most decisive in modern times.(Ian Rutherford/PA via AP)

FILE - In this July 22, 2019, file stacked containers wait to be loaded on to trucks at the Port of Oakland in Oakland, Calif. China's government says trade negotiators are in “close communication” with Washington ahead of a weekend deadline for a U.S. tariff hike. But a Ministry of Commerce spokesman gave no indication of possible progress in trade talks or whether Washington might postpone the increase. (AP Photo/Ben Margot, File)