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 Trump said last week that he hopes to sign the first phase of a trade agreement between China and the United States announced in early October by the middle of next month.
"The negotiation on the agreement with China is progressing very smoothly. They want to reach an agreement, "trump told reporters before a cabinet meeting, stressing the impact of US tariffs on China's economy." they have to reach an agreement... Because their supply chain is going down. "
US trade representative leighthezer told reporters that the US government still plans to finalize the first phase of the agreement in time before the Asia Pacific Economic Cooperation (APEC) meeting held in Chile on November 16-17, but he said there are still some outstanding issues to be resolved.
Lethezer said that China and the US vice level trade consultation had been held on Monday, and he and finance minister nuqin would have a dialogue with Chinese officials on Friday.
U.S. Commerce Secretary rose also tried to lower expectations that the first phase of the trade agreement between China and the United States would be completed next month. He told Fox business channel that the signing time is not as important as reaching a "proper agreement".
The head of the White House's National Economic Commission, kurdallo, told the channel that if the two sides continue to negotiate smoothly, the U.S. side may cancel the plan to impose a 15% tariff on Chinese goods exported to the United States, including mobile phones, laptops and tablets.
Earlier this month, the U.S. government shelved plans to raise tariffs on $250 billion worth of Chinese exports from 25% to 30%.
In the past 15 months, China and the United States have tit for tat imposed tariffs on each other, disrupting financial markets and seriously dragging down global economic growth.
There is increasing pressure from the international community for China and the United States to bridge their differences.

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