UPS® (NYSE: UPS), a global logistics provider and leading advocate for global trade, applauds the negotiators from the U.S. and China on reaching a Phase One trade agreement that lays the foundation for successful and inclusive trade.

“The Phase One trade deal is an important first step in strengthening the rules of trade between the two countries and in particular for providing greater trade predictability to UPS’s small and medium sized customers,” said David Abney, UPS Chairman and CEO. “We urge both the U.S. and China to continue to work together to find common ground that establishes a policy and regulatory framework that promotes a comprehensive, mutually-beneficial business environment.”

Source: UPS