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Trump's Aides Struggle to Detail Deal He Says He Cut With Xi

  • President hails ‘extraordinary’ dinner with Chinese leader
  • Kudlow says China made ‘commitments’ to ‘presumably implement’
Bloomberg business news
Bloomberg’s Joe Sobczyk reports on the absense of China’s confirmation regarding the deal Trump claims he reached.(Source: Bloomberg)
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President Donald Trump’s advisers are scrambling to explain a trade deal he claimed he’d struck with China to reduce tariffs on U.S. cars exported to the country -- an agreement that doesn’t exist on paper and still hasn’t been confirmed in Beijing.

In the day after Trump announced the deal in a two-sentence Twitter post, the White House provided no additional information. Meanwhile, China hasn’t formulated its response because bureaucrats are awaiting the return home of President Xi Jinping, according to three officials who were briefed but declined to be named as the matter isn’t public.