US nears China trade deal, says Trump; negotiations to continue


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US nears China trade deal, says Trump; negotiations to continue

On Tuesday, the 26th of November 2019, echoing the leads of an earlier Chinese Commerce Ministry statement that there had been substantial extent of progress to reach a Sino-US trade deal over the recent past, US President Donald Trump said that the trade-war-struck United States and China were gradually leaning on to an initial trade accord aimed at a ceasefire between the world’s first- and second-largest economies, hiking the bets further for a Sino-US trade deal which had been tormenting financial markets across the globe over sixteen months and disrupting supply chains.

In point of fact, Trump’s Tuesday’s (November 26th) upscaled comments over reaching an initial trade accord came forth shortly after leading negotiators from Washington and Beijing, US Treasury Mnuchin, USTR Robert Lighthizer and Chinese Vice-Premiere Liu He had spoken in a telephone call and decided to keep working on remaining issues.

Aside from that, highlighting Washington’s support on Hong Kong protestors, a hard-rain issue which had been pouring over the past couple of weeks following a US Senate decision to intervene on China’s treatment of Hong Kong protestors, Trump was quoted saying on Tuesday (November 26th) that the United States had been in the “final throes” to reach a China deal that in effect would deflate a protracted and costlier sixteen-month-long Sino-US trade spat, while as an aftereffect, China said on Tuesday (November 26th) that it had summoned the United States’ envoy to China, Terry Branstad yesterday (November 25th) to raise voice against a US Senate bill aimed at passing a Hong Kong Human Rights and Democracy Act, adding Hong Kong protests had entirely been an internal affair of China.