US, China hail major 'progress' in trade talks - VIDEO - News Summed Up

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US, China hail major 'progress' in trade talks - VIDEO


I think when President Xi and myself meet, every point will be agreed to," Mr Trump said. Last year, Washington and Beijing imposed tariffs on more than $360 billion in two-way trade, after Mr Trump initiated the trade war because of complaints over unfair trade practices. "We haven't talked about extending the deadline," Mr Trump said. EXPORTSPrior to this week's talks, Beijing had offered to resume purchases of American soybeans, a major US export, sales of which had plummeted during the trade war, leaving US farmers reeling. "That's going to make our farmers very happy," President Trump told Mr Liu.


Source: Daily Nation February 01, 2019 04:52 UTC



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