China has confirmed the details of a trade deal with the United States, following an announcement by U.S. President Donald Trump that the agreement had been signed. While Trump initially revealed the signing without elaborating on specifics, the Chinese statement provides further confirmation of the agreement's existence. Details of the agreement are expected to be released shortly. The deal aims to ease trade tensions between the two economic powerhouses, which have been engaged in a protracted trade war involving tariffs on billions of dollars worth of goods.