10/18/2019

CHINA/TRADE DEALS/TRUMP AS PRESIDENT: “U.S. President Donald Trump on Friday [10-18-19] said he thinks a trade deal between the United States and China will be signed by the time the Asia-Pacific Economic Cooperation meetings take place in Chile on Nov. 16 and 17. Chinese Vice Premier Liu He will provide Beijing’s perspective on the progress of the talks in a speech on Saturday [10-19-19], according to a tweet from editor-in-chief of the Global Times, a tabloid published by the People’s Daily of China’s ruling Communist Party…The White House has announced that China agreed to buy up to $50 billion of U.S. farm products annually, as part of the first phase of a trade deal, although China seems slow to follow through. The so-called phase 1 deal was unveiled at the White House last week during a visit by vice premier He as part of a bid to end a tit-for-tat trade war between Beijing and Washington that has roiled markets and hammered global growth. U.S. officials said a second phase of negotiations could address thornier issues like forced technology transfer and non-financial services issues.”

Reuters Staff, “Trump hopes U.S.-China trade deal will be signed by middle of November,” Reuters, October 18, 2019 10:18 am