Lighthizer says much remains to be done on China trade deal

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U.S. Trade Representative Robert Lighthizer told lawmakers on Wednesday that "much remains to be done" with China on hammering out a trade deal but cited "real progress" towards that goal.

U.S. Trade Representative Robert Lighthizer told lawmakers on Wednesday that "much remains to be done" with China on hammering out a trade deal but cited "real progress" towards that goal. President Donald Trump's trade negotiator testified before the House Ways & Means Committee after Trump delayed a planned increase in tariffs on Chinese goods scheduled for the end of last week.

Asked if there would be a single deal solving all problems with China, Lighthizer said he wasn't "foolish" enough to think there'd be just one negotiation. U.S. stocks DJIA, -0.61% were off more than 100 points as Lighthizer spoke and Trump's former lawyer Michael Cohen separately testified to another panel. Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here. var SA=SA || []; SA.push; var smscript=document.

 

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