US Considers Rolling Back Tariffs <br />Ahead of China Trade Deal.<br />The move comes as the two <br />countries prepare to sign a <br />“phase one deal” sometime <br />this month.<br />Reuters reports that an official has said that <br />the U.S. is expected to roll back $112 billion worth <br />of tariffs on Chinese goods imposed in September.<br />In return, China will be expected to purchase <br />more goods from U.S. farmers and provide <br />better protection for intellectual property.<br />The high stakes trade war was initially caused <br />by a dispute over IP theft over a year ago.<br />The deal is expected to bring relief to the global economy, which the dispute has affected for the past 15 months