US-China partial trade deal: The main points - News Summed Up

US-China partial trade deal: The main points


WASHINGTON: US President Donald Trump on Friday announced a partial trade deal with China after talks in Washington with Vice Premier Liu He.Here are the main points of the agreement, which has yet to be signed.Trump said he hoped to have a deal signed with President Xi Jinping "in four weeks, five weeks, something like that. "The signing could take place in the middle of November in Chile on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit. "We have a fundamental understanding on the key issues... but there is more work to do," Treasury Secretary Steven Mnuchin told reporters. "We will not sign an agreement unless we get, and can tell the president, that this is on paper. "We've had good discussions with... the head of the People's Bank of China, their central bank," Mnuchin said Friday.


Source: Economic Times October 12, 2019 03:50 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */