The China Play: The Obama administration today announced it reached a deal with China to eliminate tariffs on information and technology products ranging from video-game consoles and computer software to medical equipment and semiconductors. It could be the single best …

 World: Eurozone finance ministers appear to have agreed to a deal to save the Cyprus banking system. It includes a tax of as much as 40% on accounts in the country’s second largest bank, which would then be broken up. …