Optimism Grows For Limited China Trade Deal

Source:China Sport ShowRelease time:14-Oct-2019Clicks:

With the 13th round of U.S.-China trade negotiations set to begin Thursday in Washington, both sides are reportedly considering an “interim” deal that would suspend planned further U.S. tariffs in exchange for additional purchases of American farm products.

President Donald Trump has repeatedly dismissed this idea, insisting that he wants a “big deal” with Beijing that addresses core intellectual property issues.

Speaking to reporters in Washington on Wednesday, Trump said: “If we can make a deal, we’re going to make a deal, there’s a really good chance.”

President Donald Trump agreed in September to postpone an increase in tariffs on $250 billion in Chinese goods from 25 percent to 30 percent until October 15. He also delayed a tranche of tariffs until mid-December to avoid hurting consumers during the holiday shopping season.