Trump sets date for signing US-China 'deal'

Trump sets date for signing US-China
# 31 December 2019 22:13 (UTC +04:00)

Donald Trump has announced he will sign a long-awaited trade agreement with China on 15 January, APA reports citing BBC.

The pact, a "phase one" deal, is expected to reduce tensions between the two economic giants.

The US president said the treaty would be signed in Washington in the presence of "high level representatives" from China.

"At a later date I will be going to Beijing where talks will begin on Phase Two!" the President wrote on Twitter.

Mr Trump recently called off plans for tariff increases on Chinese goods, citing progress on the deal.

The text has not been shared publicly but earlier this month the two sides said China had promised to increase purchases of US agricultural products and boost intellectual property protections, while the US rolled back some tariffs.