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Trump Hopes US-China Trade Deal Will Be Signed by Mid-November

Reuters

   WASHINGTON - U.S. President Donald Trumpon Friday said he thoughta
   trade deal between the United Statesand China wouldbe signed by the
   time the Asia-Pacific EconomicCooperation meetings take place in Chile
   on Nov. 16-17.

   Chinese Vice Premier Liu He will provide Beijing'sperspective on the
   progress of the talks in a speechSaturday, according to a [1]tweet from
   the editorinchief of the Global Times, a tabloid publishedunder the
   auspices of the Chinese Communist Party's People's Daily newspaper.

   "I think it will get signed quite easily, hopefully by thesummit in
   Chile, where[Chinese]President Xi[Jinping]and I will both be,"
   Trumptold reporters at the White House, without providing details.

   "We're working with China very well," Trump also said.

   The White House has announced that China agreed to buy up to$50
   billionworthof U.S. farm products annually, as part of the firstphase
   of a trade deal, although China seems slow to followthrough.

   The phase-onedeal was unveiled at the White Houselast week during a
   visit byLiuas part of a bid toend a tit-for-tat trade war between
   Beijing and Washington thathas roiled markets and hammered global
   growth.

   U.S. officialssaid a second phase of negotiations could
   addressthornierissuessuch asforced technology transfer and
   nonfinancialservices issues.

References

   1. http://bit.ly/2J5hgRN

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