Trump Says ‘Formal Signing’ of China Trade Pact Is Being Arranged

  • Xi, Trump had ‘very good talk,’ Trump says on Twitter
  • Leaders also discussed North Korea and Hong Kong, Trump says
U.S. Commerce Secretary Wilbur Ross discusses the USMCA and trade with China.Source: Bloomberg)
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The U.S. and China are arranging the formal signing of the first phase of a broader trade deal between the world’s two biggest economies, President Donald Trump said after discussions between him and his counterpart, Xi Jinping.

“Had a very good talk with President Xi of China concerning our giant Trade Deal. China has already started large scale purchases of agricultural product & more. Formal signing being arranged,” Trump said in a tweet Friday, adding they also discussed North Korea and Hong Kong. The call took place this morning, the White House said.