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

13:20  31 december  2019
13:20  31 december  2019 Source:   msn.com

Trump Says China Trade Deal Will Be Signed Somewhere in U.S.

  Trump Says China Trade Deal Will Be Signed Somewhere in U.S. The “Phase One” trade deal with China, once completed, will be signed somewhere in the U.S., President Donald Trump told reporters on Sunday at the White House. Trump had previously suggested Iowa, the largest U.S. corn and hog producing state, as a natural setting for the trade agreement to be formalized.Commerce Secretary Wilbur Ross said Sunday in Bangkok that Alaska and Hawaii, as well as locations in China, were all possible locations for Trump and Chinese President Xi Jinping to sign the deal.

(Bloomberg) -- 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.

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

a man wearing a suit and tie: Peter Navarro© Bloomberg Peter Navarro

(Bloomberg) -- 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. Navarro’s hostility toward Beijing and its global economic practices is well known; before joining the Trump administration, he published a book titled “Death by China.”

China says have agreed with U.S. to cancel tariffs in different phases

  China says have agreed with U.S. to cancel tariffs in different phases China says have agreed with U.S. to cancel tariffs in different phasesChina and the United States must simultaneously cancel some tariffs on each other's goods for both sides to reach a "phase one" trade deal, said Gao Feng, spokesman at the commerce ministry.

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

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

Under the accord, announced Dec. 13, Trump agreed to suspend plans for new tariffs on Chinese imports and reduced some existing levies. China agreed to increase its purchases of American agricultural products and has made new commitments on intellectual property protections, forced technology transfers by U.S. companies and currency practices.

The precise terms of the agreement have not been revealed. U.S. Trade Representative Robert Lighthizer has said he expects the 86-page accord to be signed by him and Liu in early January, when the document will be publicly released.

China on Monday approved a new strain of genetically modified soybeans developed by an American company. GMO crops have been a source of tension, with the U.S. arguing China’s stance isn’t based on science and has been used as a non-tariff barrier.

China’s Ministry of Foreign Affairs and Ministry of Commerce did not immediately respond to faxes seeking comment on when the deal may be signed.

(Updates with China’s approval of new GMO soybeans in sixth paragraph.)

--With assistance from Miao Han.

To contact the reporters on this story: Caitlin Webber in Washington at cwebber4@bloomberg.net;Jennifer Jacobs in Washington at jjacobs68@bloomberg.net

To contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, Elizabeth Wasserman

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

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

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