The United States and China on Friday said they made progress in talks aimed at defusing a nearly 16-month-long trade war that has harmed the global economy, and US officials said a deal could be signed this month.<\/p>\n\n\n\n
\u201cChina wants to make the deal very much,\u201d Trump told reporters at the White House on Friday evening. \u201cI don\u2019t like to talk about deals until they happen, but we\u2019re making a lot of progress.\u201d<\/p>\n\n\n\n
US and Chinese negotiators have been racing to finalize a text of a \u2018phase one\u2019 agreement for Trump and Xi to sign this month, a process clouded by wrangling over US demands for a timetable of Chinese purchases of US farm products.<\/p>\n\n\n\n
The Chinese Commerce Ministry on Friday said the world\u2019s two largest economies had reached \u201cconsensus on principles\u201d during a \u201cserious and constructive\u201d telephone call between their main trade negotiators.<\/p>\n\n\n\n
US President Donald Trump said he hoped to sign an agreement with Chinese President Xi Jinping at a US location, perhaps in the farming state of Iowa, which will be a key battleground state in the 2020 presidential election.<\/p>\n\n\n\n
A critical date is Dec. 15, when new US tariffs on Chinese imports such as laptops, toys and electronics are set to kick in. Both the United States and China have an interest in reaching a deal and averting those tariffs.<\/p>\n\n\n\n
US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin moved forward on a range of issues during their call with China\u2019s Vice Premier Liu He, and were working to resolve outstanding issues, USTR said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"
The United States and China on Friday said they made progress in talks aimed at defusing a nearly 16-month-long trade war that has harmed the global economy, and US officials said a deal could be signed this month. \u201cChina wants to make the deal very much,\u201d Trump told reporters at the White House on Friday […]<\/p>\n","protected":false},"author":1,"featured_media":73585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[87],"tags":[],"class_list":["post-73584","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/73584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=73584"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/73584\/revisions"}],"predecessor-version":[{"id":73586,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/73584\/revisions\/73586"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/73585"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=73584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=73584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=73584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}