A preliminary trade deal between the United States and China is 'millimeters away' a senior administration official said today
A preliminary trade deal between the United States and China is "millimeters away," a senior administration official said on Wednesday.
Final considerations are being given around how Trump might roll back tariffs to not only include the Dec. 15 round but also another set of import duties that were slapped on roughly $110 billion worth of Chinese goods on Sept. 1. Trump has said the phase one deal will require China to purchase up to $50 billion worth U.S. farm goods within two years. The deal is also expected to have China to deliver on long-held commitments to open its financial services sector and implement certain intellectual property protections.
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