President Donald Trump announced Tuesday that he and Chinese President Xi Jinping would soon sign the first phase of a trade agreement that most have hailed as positive for U.S. agriculture jobs and small businesses.
The deal is done, it’s just being translated right now,” Trump said.
U.S. Trade Representative Robert Lighthizer had previously announced that the deal would be signed in the first week of January.
“Both sides’ economic and trade teams are in close communication about detailed arrangements for the deal’s signing and other follow-up work,” Chinese Foreign Ministry spokesman Geng Shuang said in a daily news briefing.
Trump also tweeted that phase two of the deal is already under negotiation and that they wouldn’t wait before negotiating that part of the deal.
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