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| China ‘confident’ trade agreement with US can be reached within 90 days – official | China ‘confident’ trade agreement with US can be reached within 90 days – official |
| (35 minutes later) | |
| Beijing wants to strike a trade deal with Washington within three months, China’s commerce ministry announced Thursday in its first comment on US-China trade negotiations since presidents Xi and Trump met in Argentina. | Beijing wants to strike a trade deal with Washington within three months, China’s commerce ministry announced Thursday in its first comment on US-China trade negotiations since presidents Xi and Trump met in Argentina. |
| “We are confident in reaching an agreement (with the US) within the next 90 days,” China's commerce ministry spokesman Gao Feng said in a weekly briefing on Thursday. The official added that both sides have been communicating and cooperating since the two countries’ leaders, US President Donald Trump and China’s Xi Jinping, met at the G20 summit in Buenos Aires. | “We are confident in reaching an agreement (with the US) within the next 90 days,” China's commerce ministry spokesman Gao Feng said in a weekly briefing on Thursday. The official added that both sides have been communicating and cooperating since the two countries’ leaders, US President Donald Trump and China’s Xi Jinping, met at the G20 summit in Buenos Aires. |
| Trump agreed to postpone further tariff hikes, during talks between Washington and Beijing, over the course of the 90-days trade war ceasefire. During this period talks will be focused on farm goods, energy and automobiles, according to the Chinese government. | |
| Beijing was silent on the results of the Buenos Aires summit for days. While the US leader’s rhetoric at first encouraged investors, the enthusiasm evaporated on Tuesday, sending US stocks plummeting. | |
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