Trump hopes U.S.-China trade deal will be signed by middle of November
(Adds quote, background)
WASHINGTON, Oct 18 (Reuters) - President Donald Trump on
Friday said he thinks a trade deal between the United States and
China will be signed by the time the Asia-Pacific Economic
Cooperation meetings take place in Chile on Nov. 16 and 17.
"I think it will get signed quite easily, hopefully by the
summit in Chile, where President Xi and I will both be," Trump
told reporters at the White House, without providing details.
"We're working with China very well," Trump also said. "A
lot of good things are happening."
The White House has announced that China agreed to buy up to
$50 billion of U.S. farm products annually, as part of the first
phase of a trade deal, although China seems slow to follow
The so-called phase 1 deal was unveiled at the White House
last week during a visit by China's Vice Premier Liu He as part
of a bid to end a tit-for-tat trade war between Beijing and
Washington that has roiled markets and hammered global growth.
U.S. officials said a second phase of negotiations could address
thornier issues like forced technology transfer and
non-financial services issues.
(Reporting by Steve Holland and Susan Heavey; Writing by Lisa
Lambert; Editing by Chris Reese and Chizu Nomiyama)
First Published: 2019-10-18 19:10:12
Updated 2019-10-18 19:32:12
© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.