China says hopes it can reach trade agreement with U.S. as soon as possible

9 Dec by Vitaliy Dadalyan

China says hopes it can reach trade agreement with U.S. as soon as possible

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China says hopes it can reach trade agreement with U.S. as soon as possibleChina said on Monday that it hoped to make a trade deal with the United States as soon as possible, amid intense discussions before fresh U.S. tariffs on Chinese imports are due to kick in at the end of the week. Beijing hopes it can reach a trade agreement with the United States that satisfies both sides, Assistant Commerce Minister Ren Hongbin told reporters on Monday. China and the United States are negotiating a so-called “phase one” deal aimed at de-escalating their prolonged trade dispute, but it is unclear whether such an agreement can be reached in the near term.