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Chinese Official Extends U.S. Trade Trip as Tariff-Hike Threat Endures

  • Trump and Liu signal deal is likely; Lighthizer cites hurdles
  • The two sides agreed on a currency provision, Mnuchin says
Bloomberg business news
Trump Sees Good Chance China Trade Deal Will Be Made
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The U.S. and China will extend into the weekend the current round of trade talks as negotiations in Washington yielded progress on currency policy but stopped short of a breakthrough that would prevent higher American tariffs from kicking in next week.

“Both parties want to make this a real deal, we want to make it a meaningful deal, not a deal that’s done and doesn’t mean anything,” President Donald Trump said Friday at the White House. “We want to make this a deal that’s going to last for many, many years and a deal that’s going to be good for both countries.”