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Trump Suggests ‘Signing Summit’ With Xi as China Talks Advance

  • U.S. president extends tariff deadline amid signs of progress
  • Xinhua also expresses optimism about state of negotiations
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Sitao Xu of Deloitte and Jacob Parker of the U.S.-China Business Council in Beijing, discuss the trade negotiations.(Source: Bloomberg)
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President Donald Trump raised the prospect that he could sign a new trade deal with his Chinese counterpart Xi Jinping, as both sides expressed optimism that substantial progress is being made toward ending the trade war between the world’s two biggest economies.

“It looks like they will be coming back quickly again,” Trump told reporters Monday, referring to the possibility of Chinese negotiators returning after a week of talks on trade. “We are going to have a signing summit, which is even better,” he said, adding: “We are getting very very close.”