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[size=36]Trump: Trade agreement with China is very close[/size]
Economy | 11:00 - 22/12/2019
Follow-up - Mawazine News
, US President Donald Trump said that the United States and China will sign a preliminary trade agreement "very soon".
Trump said in Florida, Saturday, "We have made a breakthrough in terms of the trade agreement and we will sign it very soon."
The so-called "one-stage" agreement was announced earlier this month as part of efforts to end the trade war between the two largest economies in the world for months, which led to market turmoil and affected global growth.
Under the agreement, the United States agreed to reduce part of the tariffs on Chinese goods in exchange for a significant increase in China's purchases of US agricultural products.
Last week, US Treasury Secretary Stephen Mnuchin said that the agreement will be signed in early January, adding that the agreement has already been translated and is being revised technically. End / 29th
, US President Donald Trump said that the United States and China will sign a preliminary trade agreement "very soon".
Trump said in Florida, Saturday, "We have made a breakthrough in terms of the trade agreement and we will sign it very soon."
The so-called "one-stage" agreement was announced earlier this month as part of efforts to end the trade war between the two largest economies in the world for months, which led to market turmoil and affected global growth.
Under the agreement, the United States agreed to reduce part of the tariffs on Chinese goods in exchange for a significant increase in China's purchases of US agricultural products.
Last week, US Treasury Secretary Stephen Mnuchin said that the agreement will be signed in early January, adding that the agreement has already been translated and is being revised technically. End / 29th
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