Home U.S. Said to Ready Final China Trade Deal as Hawks Urge Caution – Bloomberg
FXStreet News

U.S. Said to Ready Final China Trade Deal as Hawks Urge Caution – Bloomberg

While conflicting signals concerning the prospects of the US-China trade deal were conveyed during late-Thursday by the US treasury secretary and economic adviser, Bloomberg came with an upbeat news signaling that the US is almost ready with a deal for China.  

The news report said:

U.S. officials are preparing a final trade deal that President Donald Trump and his Chinese counterpart Xi Jinping could sign in weeks, people familiar with the matter said, even as a debate continues in Washington over whether to push Beijing for more concessions.

The U.S. is eyeing a summit between the two presidents as soon as mid-March, said one of the people, who spoke on condition of anonymity because the preparations are confidential. The planning has been complicated by Xi’s need to lead China’s annual National People’s Congress in early March, as well as make other foreign trips, the people said.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.