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China & US have basically reached consensus on a phase one trade deal
China and the US have basically reached broad consensus on a phase one trade deal, including the removal of #tariffs, though some differences remain over how much tariffs should be rolled back: experts close to the talks #TradeWar https://t.co/RsYa6hOGQK pic.twitter.com/ASAlD1AAOr
— Global Times (@globaltimesnews) November 26, 2019
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Experts dismiss negative media reports about phase one deal
Contrary to some media reports suggesting China and the US are struggling to reach a trade deal, the two sides are still moving closer to agreeing on a phase one trade agreement with broad consensus having been reached, despite differences over the scale of tariff removals, according to Chinese experts close to the government. "The two sides have basically reached broad consensus for the phase one agreement," Gao Lingyun, an expert at the Chinese Academy of Social Sciences in Beijing who is close to the trade talks, told the Global Times, noting that the two sides are still moving closer to reaching a phase one deal ... (full story)
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