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Biden says will not kill Phase 1 trade deal with China immediately

US President-elect Joe Biden

Joe Biden will not immediately cancel the Phase 1 trade agreement that President Donald Trump struck with China nor take steps to remove tariffs on Chinese exports, the New York Times on Wednesday quoted the U.S. president-elect as saying.

In an interview with Times columnist Thomas Friedman that gave clues to how the new administration will proceed on foreign policy, Biden said his top priority was getting a generous stimulus package through Congress, even before he takes power.

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