• China wants more talks before signing Trump’s "phase one" trade deal - Bloomberg reports, citing people familiar with the matter

Market news

14 October 2019

China wants more talks before signing Trump’s "phase one" trade deal - Bloomberg reports, citing people familiar with the matter

  • China wants further talks as soon as the end of October to hammer out the details of the “phase one” trade deal touted by Donald Trump before Xi Jinping agrees to sign it
  • China may send a delegation led by Vice Premier Liu He to finalize a written deal that could be signed by the presidents at the Asia-Pacific Economic Cooperation summit next month in Chile
  • China also wants U.S.  to also scrap a planned tariff hike in December in addition to the hike scheduled for this week

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