That news as meaning the u. S. And china a closer to finalizing phase one of a trade deal. Eunice yuaneinjing for us tonight. Reporter china says the two sides hav agreed in principle to roll back some of the existing tariffs in phases. The Commerce Ministry said the negotiators have been discussing this the past two weeks. And the Ministry Said that for a phase one agreement to bed reacome of the additional tariffs have to go. Beijing wants the tariffs lifted at the same time by the same amount. How much could be negotiated. And a spokesperson said the time and place of a deal signing has yets to be decided. And after the remar the state media has been laser focused on the point that if tariffs are not removed there is no deal. Ats been one of beijings kor demands. The papers also efrpzed that tariffs need to be lifted simultaneously and indication to the chinese that china and the u. S. Are considered equals. Perhaps the way to make it easier for the Trump Administration to meet beij