On Friday, the 18th of October 2019, expressing optimism over a partial trade agreement which delegates dubbed as a “Phase One” deal, the US President Donald Trump said that he was looking ahead to a trade deal between the trade-war-struck US and China by mid-November at a meet of Asia-Pacific Cooperation, a 20-nation pact of Pacific Ream countries, scheduled to take place in Chile on November 16th and 17th, where the US President would be meeting his Chinese counterpart Xi Jinping.
In point of fact, latest upbeat comments over a trade deal came forth a day after US President Donald Trump had been quoted saying in the White House that he would not be signing any kind of trade agreement before having a meet with Chinese President Xi Jinping.
Meanwhile, late on Friday (October 18th), adding fresh hopes of a trade accord to reach a ceasefire following fifteen-months of wears and tears in the global economy, Trump told to the reporters in the White House, “I think it will get signed quite easily, hopefully by the summit in Chile, where President Xi and I will both be.
We’re working with China very well. A lot of good things are happening. ” More importantly, latest comments from US President Donald Trump came shortly after the White House had announced that Beijing had agreed to purchase roughly $50 billion worth of US firm goods annually.