-
Ross Optimistic on China Trade Deal, Says Huawei Licenses Coming
Commerce Secretary Wilbur Ross expressed optimism the U.S. would reach a “Phase One” trade deal with China this month and said licenses would be coming “very shortly” for American companies to sell components to Huawei Technologies Co. Ross said Iowa, Alaska, Hawaii and locations in China are all possible places for Donald Trump and Xi Jinping to sign the deal after the cancellation of this month’s Asia-Pacific Economic Cooperation summit in Chile due to unrest in the country. He called the agreement “particularly complicated” and said the U.S. was “making sure that each side has a very correct and ... (full story)