US, China sign 'Phase One' trade agreement, signaling pause in trade war

“If we make significant progress, that would be a very good thing,” said Craig Allen, president of the US-China Business Council, a nonprofit group representing American companies that do business in China. But "these are very difficult issues," Allen said. "We have a hard time getting along even with the Canadians. How are we going to resolve all of these issues with the Chinese?”