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Trump to Consider Interim Trade Deal with China

Anthony Russo 2019-09-14 06:05 AM

U.S. President Donald Trump said he would consider an interim trade agreement with China to help resolve a war that has lasted for over a year. 

“A lot of people are talking about – and I see a lot of analysts are saying – an interim deal, meaning we’ll do pieces of it, the easy ones first, but there’s no easy or hard,” Trump told reporters ahead of a congressional retreat in Baltimore on Thursday, according to Fox Business.

He added, “There’s a deal or there’s not a deal. It’s something we would consider, I guess, but we’re doing very well.”

Trump made a goodwill gesture this week by delaying a tariff hike on $250 billion Chinese imports set to go into effect on Oct. 1. The move was in response to a request from Liu He, China’s Vice-Premier and top trade negotiator. The tariffs are now scheduled for Oct. 15.

Liu welcomed Trump's decision in a Thursday meeting with Evan Greenberg, president of U.S.- China Business Council, as reported by Politico. Liu said he will focus on “trade balance, market entity and investor protection,” as working-level trade meetings are scheduled for next week, Politico said.

“The whole world is expecting to see progress in China-U.S. negotiations,” Liu said on Thursday.

China has also exempted further tariffs on U.S. pork and soybeans, as reported by various media Friday.

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The two sides are scheduled to meet in Washington in early October and hold high-level talks for the first time since the meeting in Shanghai two months ago.