U.S. China Trade Deal Only Needs Trump Signature

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President Donald Trump said on Twitter Thursday that a “big deal” with China is “getting very close and it seems he was right. The American and Chinese negotiators have agreed on the terms of a so called ´phase one deal´ of the trade agreement. All that remains for the President to do is give his approval. Bloomberg first reported this.

The U.S. is also willing to cancel the next round of Chinese tariffs, which are scheduled to come into effect on 15 December on a further $156 billion of Chinese goods, according to a report by the Wall Street Journal.

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