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The US has signaled China will buy $50 billion of farm goods. But one chart shows they’ve never come anywhere close to that before.

The Chinese government avoided giving firm figures on future farm good purchases in its announcement of an interim trade deal with the United States.
U.S. President Donald Trump and China's President Xi Jinping pose for a photo ahead of their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019

Trump says US will lower China tariffs as part of interim trade agreement

Trump said the US would lower the tariff rate on China to 7.5% and cancel plans to target virtually all imports from that country on Sunday.
US President Donald Trump and Chinese President Xi Jinping at a bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 29, 2019.

Trump calls report on China trade deal ‘completely wrong’

The Wall Street Journal reported a day earlier that US negotiators had offered to lower tariffs on roughly $360 billion worth of Chinese products.
Employees work behind the counter at a Mexican restaurant, June 2, 2017 in the Brooklyn borough of New York City.

One jarring chart shows how taxes on workers have essentially replaced those on corporations

Payroll taxes made up 7.8% of national income in 2018, compared to 0.9% for corporate ones — the widest gulf in almost two decades.

The US reaches trade deal in principle with China, report says

An initial US-China trade pact had been announced in October but was not signed and has not yet been put to paper.

A growing number of Republicans say they’re satisfied with US healthcare costs — even as insurance prices have surged 20% in the past year...

The poll suggests that heightened partisanship is swaying Republicans on healthcare just as it has been on the economy

The US reportedly offered to cut China tariffs in half ahead of crucial trade deadline

"Getting VERY close to a BIG DEAL with China," Trump wrote on Twitter early Thursday. "They want it, and so do we!"
A Toyota automaker employee moves an engine at the Toyota engine assembly line in Huntsville, Alabama November 13, 2009.

US unemployment claims jump to highest level since 2017

The sharp increase likely reflected seasonal volatility. More comprehensive measures have pointed to a solid labor market in recent weeks.
Democratic presidential hopeful Senator Elizabeth Warren speaks at Exeter High School in Exeter, New Hampshire during a campaign stop town hall in November 11, 2019.

Elizabeth Warren’s proposed wealth tax will raise $1 trillion less than expected and slow the economy, study finds

The study assumed that Warren's wealth tax would lead to rich citizens investing less in the US economy, hurting its growth over the long run.

Before his death, legendary Fed chief Paul Volcker issued one last warning to the US

"Today we see something very different and far more sinister. Nihilistic forces are dismantling policies to protect our air, water, and climate."