US-China trade deal to be signed early in new year
(VOVWORLD) - The United States and China will likely sign Phase 1 of a new trade deal early in the new year, White House trade adviser Peter Navarro said on Monday.
White House trade adviser Peter Navarro is outside of the West Wing of the White House in Washington, the US, March 4, 2019. (Photo: REUTERS/Leah Millis)
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China’s Ministry of Commerce said on Sunday that China has resolved some trade differences with the US while resolutely protecting national interests.
The US and China eased their trade dispute this month by announcing a consensus on Phase 1 of a new trade deal under which the US will reduce tariffs in exchange for China buying more US agricultural products and other commodities.