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Americans for Prosperity commended the announced “Phase One” agreement that effectively postpones a tariff increase scheduled for Dec. 15 and urged an end to the trade war.

Americans for Prosperity Trade Policy Fellow Dan Pearson issued the following statement:

“This agreement is a positive sign that, at least for the moment, things aren’t going to get any worse – and maybe we’ve reached the beginning of the end of this destructive trade war.

“Trade wars are not good or easy to win. Tariffs remain an unnecessary drag on an otherwise strong economy, and the president has much work to do to roll back the billions in higher taxes on Americans that the tariffs represent.”