Trump says trade deal with China is coming along great

Cornelia Mascio
Ottobre 22, 2019

National economic council director Larry Kudlow, in a wide-ranging interview, discusses China trade talks, Hong Kong protests, the USMCA and his outlook for the USA economy.

Asked if he would mind skipping an APEC signing, Ross said: "The key think is to get everything right that we do sign".

President Donald Trump continued to speak optimistically about the possibility of a deal to end the USA trade war with China, telling reporters at the White House on Monday that the trade deal is coming along great. "We have every confidence in our ability to meet macroeconomic targets for the year", Liu said.

The initial US-China trade deal does not need to be finalised next month, the US commerce secretary said today even as President Donald Trump has said he would like to sign the pact when he meet his Chinese counterpart at November's Apec summit.

Trump said Monday the Chinese "have started the buying".

"We would like to make a deal", Ross told Fox Business on Monday. "It's more critical that it be a proper deal that exactly when it occurs".

The comments from Kudlow and Ross come after Chinese Vice Premier Liu He said on Saturday that the two sides have made "substantial progress" in trade talks.

China is "willing to work together with the USA to address each other's core concerns on the basis of equality and mutual respect", Liu said, according to a report on Taoran notes, a social media account run by the official Economic Daily.

It included promises to increase purchases of United States farm products and protections for intellectual property - but lacked specific details.

"Stopping the escalation of the trade war benefits China, the United States and the whole world".

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