UK Markets open in 6 hrs 25 mins

U.S., China agree to roll back tariffs in phase one trade deal - U.S. official

WASHINGTON (Reuters) - The United States and China have agreed to roll back tariffs as part of the first phase of a trade deal between the world's two biggest economies, a U.S. official confirmed on Thursday.

(Reporting by Jeff Mason; Editing by Chizu Nomiyama)