China hails trade deal with US

Cyprus Today - - UK -

CHINA on Thurs­day ex­pressed con­fi­dence in strik­ing a trade deal with the United States within their 90-day cease­fire pe­riod, prais­ing the re­cent meet­ing be­tween US Pres­i­dent Don­ald Trump and Chi­nese Pres­i­dent Xi Jin­ping as highly suc­cess­ful.

In Ar­gentina last week­end, Mr Trump and Xi agreed to a truce that de­layed the planned Jan­uary 1 US hike of tar­iffs to 25 per cent from 10 per cent on $200 bil­lion of Chi­nese goods while they ne­go­ti­ate a trade deal.

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