US signs trade agreement with China, waiting for President Trump’s approval

US signs trade agreement with China

US signs trade agreement with China

Washington … News Time

Bloomberg said in a report Thursday that the United States and China are moving toward a trade agreement. The US administration has prepared a preliminary draft of the agreement and has set out the rules of the agreement, but it has been approved by President Donald Trump. The US Broadcasting report says that a phase of restoration of trade relations with China is still pending and approved by President Trump. “Bloomberg” says it has been notified by sources informed of a possible agreement between China and the United States.

The Wall Street Journal reported on Thursday that the US administration had eliminated new taxation plans during trade talks with China and would not impose any further tax on the export of $ 3 billion worth of goods from China, what is the decision on Thursday, US President Donald Trump said that we are very close to a trade agreement with China. We and China both want a trade agreement.

Another source told the Reuters news agency that Trump is expected to meet with his top business advisers today to discuss the December 15 deadline to impose new customs fees. In return, the Chinese Ministry of Commerce had said that China and the US are in close contact in relation to trade. But if Washington imposes a duty on Chinese goods early next week, the deal’s efforts will be affected, but China has not commented on possible counter-measures.

The US plans to impose a new $ 60 million new duty on Chinese exports next Sunday. This includes electronics, sports equipment, computer monitors and toys. Sources said that US Finance Secretary Steven Mnuchin will attend the meeting with Business Advisor Robert Leitzer, Advisors Larry Kudlow and Peter Navarro President Trump, but the final decision will be made by President Trump.

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