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Trump says he and Xi will sign China trade deal

Published 12/25/2019, 02:42 AM
Updated 12/25/2019, 02:42 AM
Trump says he and Xi will sign China trade deal

Trump says he and Xi will sign China trade deal

PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump said on Tuesday he and Chinese President Xi Jinping will have a signing ceremony to sign the first phase of the U.S.-China trade deal agreed to this month.

"We will be having a signing ceremony, yes," Trump told reporters. "We will ultimately, yes, when we get together. And we'll be having a quicker signing because we want to get it done. The deal is done, it's just being translated right now."

United States Trade Representative Robert Lighthizer said on Dec. 13 that representatives from both countries would sign the Phase 1 trade deal agreement in the first week of January.

Speaking in Beijing on Wednesday, Chinese Foreign Ministry spokesman Geng Shuang said both countries were in close contact.

"Both sides' economic and trade teams are in close communication about detailed arrangements for the deal's signing and other follow-up work," Geng told a daily news briefing.

He did not elaborate.

Beijing has not yet confirmed specific components of the deal that were released by U.S. officials. A spokesman for China's Commerce Ministry said last week the details would be made public after the official signing.

Latest comments

ok so to be clear, the phase one deal change a 21% tax ob Chinese importations to 19%. Not that much.
Universal World peace, a balanced budget, and a good nickel cigar are coming too.
For those who are blind, I hope you get your wounds healed and repent
I predict in four years we'll be waiting on phase 6 of the trade deal
Well it took a little over a year for phase one so thats pretty optimistic!
Trump need this deal but Xi needs it as much because of the massive croplosses China had this year and it will continue because of the Grand solar Minimum
I told you guys, a deal would be done this year. Trump needs that deal badly before election starts. Looks like Trump and President will sit down and drink some beer.
I've got no beef with Trump. He got my vote. I just think it's possible his adversary might have other plans than a Phase 1 deal.
Trump is no dummy, he knows what he must do to get re-elected. Just like he got Putin to help him win the election.
still sore?
Barely a dead. Rolling back some of the nonsense put in place. Addresses no real technology rights. This is Trump giving himself a participation trophy.
Wrong, it's a big start and it's unfortunate you can't see this. Are you an American? Of so, you should hope that this prez., who is trying, wins yet another victory whereas previous administrations have done zero.
yawn. how about world peace, announce that too
you a sosh?
yawn again. how about announcing a world at peace deal also. this president thinks everyone is as stupid as he is
I imply this back at author of this post -
Same old joke and market keep pumping
its not a joke anymore
Correct, reality has set in and Trump is winning. You're going to see a group on the left going to prison.
***babble
Metals set to fly
i hear that for many Times, is there anyone believe that
You and Sal listen to the wrong news. You want this done with the stroke of a pen? Do you two have a "notion" that the president can place an order and put becomes law? I see how the last administration may have confused you -
heard that one in never.
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