U.S. and China move closer to phase-one trade deal: Bloomberg


(Reuters) – The United States and China are moving closer to agreeing on the amount of tariffs to be rolled back in a phase-one trade deal, Bloomberg reported on Wednesday, citing sources.

U.S. President Donald Trump on Tuesday had said a trade agreement with China might have to wait until after the U.S. presidential election in November 2020, denting hopes of a resolution soon to a dispute that has weighed on the world economy.

Read more at : https://www.investing.com/news/economy/us-and-china-move-closer-to-phaseone-trade-deal–bloomberg-2033308