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PBS News Hour

U.S. 'can't lose' in China trade deal, says Trump adviser

After two years of escalating threats and tariffs, the U.S. and China have signed a trade deal. In what is known as Phase 1 of a larger agreement, Beijing pledged to increase purchases of U.S. goods, while U.S. tariffs remain on $360 billion of Chinese imports. Nick Schifrin reports and Judy Woodruff talks to Peter Navarro, director of the White House Office of Trade and Manufacturing Policy.