China says it hopes to reach phased trade pact with U.S. as soon as possible

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China hopes to reach a phased agreement in a protracted trade dispute with the U...

BEIJING - China hopes to reach a phased agreement in a protracted trade dispute with the United States and cancel tariffs as soon as possible, the Commerce Ministry said on Thursday, adding that trade wars had no winners.

U.S. President Donald Trump on Oct. 11 outlined the first phase of a deal and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done. Mnuchin said the Trump administration’s “objective” was for the agreement to be signed between the presidents of the two countries at a Nov. 16-17 summit of Asia-Pacific Economic Cooperation countries in Santiago, Chile.

Trump said China had agreed to make purchases of $40 billion to $50 billion of U.S. agricultural goods. Mnuchin said the purchases would be scaled up to that amount annually.

 

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A trade dispute that Trump caused.

Because Trump's Tariffs are grossly damaging Americans.

Both the economic super power should realise that slowly world order getting changed ..

Our mission at is to build the social news network that ends fake news.

Same old song and dance!

I've been watching the people of Hong Kong rioting in the streets, waving American flags, fighting for their civil rights, and their freedom. I wonder if that will be us if the Democrats take over. Let's not let that happen. TRUMP 2020

How many Americans are they going to detain on bullshit charges as collateral?

He will place his name on anything before election call it good even though it’s worse then what we had.

Gao: 'This fully demonstrates that trade wars have no winners.' A far cry from: “Trade wars are good, and easy to win.”

'The final goal of both sides'” are not the same between US and China! US wants a China that is about free trade, no longer stealing technology as a means of doing business. The Chinese want tariffs lifted and return to same old same old.

how soon ?

😂😂😂

same for u.s.

Riiiiiggggghhhhhtttttt...........

HelperTesla tesla_truth FuturamaKing China eager to sign trade deal, Gigafactory 3 just added to state’s electrical grid to turn on for full production... no wonder the stock has been gaining like crazy and Shorts have been losing their houses

See if US will trust them for... how many times now?

Reaching a trade deal by taking hostages?

The purpose of literature is to be ashamed of oneself first

It’s just another delay tactic

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