US, China could reach trade deal at summit around March 27
WSJ says China will lower tariffs on US-made goods including farm products, chemicals and carsWASHINGTON: US President Donald Trump and Chinese President Xi Jinping could reach a formal trade deal at a summit around March 27 given progress in talks between the two countries, the Wall Street Journal reported on Sunday. Cheniere declined to comment on the potential for a new LNG supply deal with China, a spokesman said. It signed last year a 20-year deal to supply state-run Chinese National Petroleum Corp (CNPC) with natural gas from its Louisiana export terminal through 2043. Oil prices rise on trade deal hopes, OPEC cutsThe United States is working to hammer out a detailed trade agreement with China that will include specific structural commitments, US Treasury Secretary Steven Mnuchin told CNBC on Thursday. Last week, Trump said the US could walk away from a trade deal with China if it were not good enough, even as his economic advisers touted “fantastic” progress towards an agreement to end the dispute with Beijing.
Source: The Express Tribune March 04, 2019 13:41 UTC
