Posted by: 9-12-2019, 04:43
China hopes to close US deal
The Chinese authorities hope that the countries will be able to conclude a trade agreement that will satisfy the requirements of both parties.
China plans in the near future to conclude a "first phase" of a trade agreement with the United States. It is reported by Reuters on Monday, December 9.
According to the Chinese Ministry of Commerce, Beijing hopes that it will be able to conclude a trade agreement with the US that will satisfy both sides.
Note, on December 15 the next round of trade negotiations between the US and China should begin.
Recall that earlier, the US president promised to increase tariffs on imports of Chinese products if a trade deal with Beijing is not signed.
It was also reported that the next round of trade negotiations between the US and China took place on October 10 and 11. After their completion, Trump said that Washington and Beijing have come to a вЂњsignificant first phaseвЂќ of a trade dispute settlement deal.
The representative of China noted that the United States and China have indeed overcome differences and are close to concluding a trade agreement. Later it became known that the United States and China agreed to reduce duties.
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