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Money Trump says China trade deal may be signed shortly after January 15

11:10  10 january  2020
11:10  10 january  2020 Source:   reuters.com

Trump’s Trade Deal ‘In the Bag,’ China Hawk Peter Navarro Says

  Trump’s Trade Deal ‘In the Bag,’ China Hawk Peter Navarro Says The White House’s leading China hawk, trade adviser Peter Navarro, said Monday that a preliminary trade deal with Beijing is completed. “That’s a done deal, put that one in the bag,” Navarro said on Fox News. He declined to confirm a report by the South China Morning Post that Chinese emissaries led by Vice Premier Liu He will travel to Washington this weekend to sign the accord.Navarro’s affirmation for what the White House has called a “phase-one” trade deal indicates President Donald Trump doesn’t face pressure from his right to negotiate more favorable terms for the U.S.

15 , said on Thursday the agreement could be signed " shortly thereafter." In an interview with the ABC TV affiliate in Toledo, Ohio, Trump said : “ We ’ re going to be signing on January 15 th - I think it will be January 15 th, but shortly thereafter, but I think January 15 th - a big deal with China .”

15 , said on Thursday the agreement could be signed " shortly thereafter." In an interview with the ABC affiliate in Toledo, Ohio, Trump said : " We ' re going to be signing on January 15 th - I think it will be January 15 th, but shortly thereafter, but I think January 15 th - a big deal with China ."

Donald Trump wearing a suit and tie: U.S. President Trump rallies with supporters in Toledo, Ohio© Reuters/JONATHAN ERNST U.S. President Trump rallies with supporters in Toledo, Ohio

(Reuters) - U.S. President Donald Trump, who announced last month that the Phase 1 trade deal with China would be signed on Jan. 15, said on Thursday the agreement could be signed "shortly thereafter."

In an interview with the ABC TV affiliate in Toledo, Ohio, Trump said: "We're going to be signing on January 15th - I think it will be January 15th, but shortly thereafter, but I think January 15th - a big deal with China."

Trump announced the Jan. 15 signing date in a tweet on Dec. 31.

The White House did not immediately respond to a request for clarification of Trump's comments.

Trump could still slap tariffs on China after signing 'phase one' trade deal, expert warns

  Trump could still slap tariffs on China after signing 'phase one' trade deal, expert warns China would have to buy a "crazy amount" of U.S. goods and services to fulfill its commitments in the deal, said Deborah Elms, executive director of Asian Trade Centre.That's especially the case when the deal — expected to be signed in Washington on Wednesday — would involve Beijingincreasing its imports of U.S. goods and services by at least $200 billion over two years, said Deborah Elms, executive director at consultancy Asian Trade Centre.

15 , said on Thursday the agreement could be signed “ shortly thereafter”. In an interview with the ABC TV affiliate in Toledo, Ohio, Trump said : “ We ’ re going to be signing on January 15 th - I think it will be January 15 th, but shortly thereafter, but I think January 15 th - a big deal with China .”

President hinted that China would buy bn worth of US farm products as part of Phase 1 trade deal . 10 Jan 2020 06:46 GMT. US President Donald Trump first announced in a tweet on December 31 that the first phase of a trade deal with China would be signed on January 15 [File

The Phase 1 deal, struck last month, is expected to reduce tariffs and boost Chinese purchases of American farm, energy and manufactured goods while addressing some disputes over intellectual property.

Chinese Vice Premier Liu He, head of the country's negotiating team in Sino-U.S. trade talks, will sign the deal in Washington next week, China's commerce ministry said on Thursday.

Liu will visit Washington from Jan. 13-15, said Gao Feng, spokesman at the commerce ministry.

Negotiating teams from both sides remain in close communication on the particular arrangements of the signing, Gao told reporters at a regular briefing.

(Reporting by Eric Beech and Makini Brice in Washington; Editing by Raju Gopalakrishnan)

U.S. and China reset trade relationship with a new deal .
U.S. and China reset trade relationship with a new dealBeijing and Washington have portrayed their phase-one agreement as a momentous step after months of start-stop talks punctuated by tit-for-tat tariffs that uprooted supply chains and stoked fears of a further slowdown in the global economy.

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