Crossword Genius

Inform about a communist agreement that's fair (6,4)

Ross

I believe the answer is:

square deal

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'agreement that's fair' is the definition.
I can't tell whether this definition defines the answer.

'inform about a communist' is the wordplay.
'inform' becomes 'squeal' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'about' indicates putting letters inside.
'communist' becomes 'red' (red can informally mean communist).
'a'+'red'='ared'
'squeal' placed around 'ared' is 'SQUARE DEAL'.

Can you help me to learn more?

(Other definitions for square deal that I've seen before include "fair treatment" , "Fair trade" , "Fair transaction" .)

I've seen this clue in The Telegraph.
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