The U.S. and China have agreed in principle to what President Trump has called the first of several phases of an accord to end the dispute that has penalized hundreds of billions of dollars of trade between the two countries. “Both governments have to give to get,” said Myron Brilliant, executive vice president and head of international affairs at the U.S. Chamber of Commerce, who closely follows the talks. “The two sides are really close to a deal but it will come down to the presidents to make the final call.” The “phase one” pact would include Chinese purchases of American farm goods, rules to deter currency manipulation and some provisions to protect intellectual property and open up Chinese industries to U.S. firms, officials have said. The phase one deal was widely expected to deter Mr. Trump from imposing brand-new tariffs on Dec. 15 as planned, but negotiators now […]