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United States 'signs trade deal with China' after Donald Trump hails 'great progress made'Earlier, White House economic adviser Kevin Hassett said China was "very, very eager" to rebalance trade relations with the United States. And that followed Donald Trump's claim overnight that the two sides had negotiated "a total reset... in a friendly ...
The United States and China will temporarily lower tariffs on each other's products, according to a joint statement, in a move to cool trade tensions and give the world's two largest economies three more months to resolve their differences.
"China and Brazil are getting together. They're going to build infrastructure, and they're going to make SAF and they're going to build railroads, and it's not good for us and our future. That's why we need new markets,
Oil prices soared following an agreement between the United States and China to slash tariffs, leading to increased optimism in global trade and the economy.
Beijing is eager to re-set trade relations with the United States amid ongoing negotiations to resolve the two countries' trade war, a top White House economic aide said on Sunday.
GENEVA: Talks between top US and Chinese officials resumed for a second day on Sunday (May 11), after US President Donald Trump voiced optimism over the negotiations aimed at de-escalating trade tensi
This report is from this week's CNBC's The China Connection newsletter, which brings you insights and analysis on what's driving the world's second-largest economy. Each week, we'll explore the biggest business stories in China, give a lowdown on market moves and help you set up for the week ahead. Like what you see? You can subscribe here.
It’s important to understand how quickly we were able to come to an agreement, which reflects that perhaps the differences were not as large as maybe thought.”