China's Xi says wants to work out 'phase one' trade deal with U.S.
Friday, 22 November 2019 () China wants to work out an initial trade agreement with the United States and has been trying to avoid a trade war, but it is not afraid to retaliate when necessary, President Xi Jinping said on Friday.
U.S. President Donald Trump said on Tuesday that he would raise tariffs on imports of Chinese goods if no trade deal is reached with Beijing to end a tit-for-tat trade war that has roiled markets and damaged growth worldwide.
Wall Street's main indexes hit record highs on Thursday following news that the United States had reached a "deal in principle" with China to resolve a trade war that has rattled markets for nearly two..
China's Foreign Ministry, when asked about the trade deal with the United States, said it is committed to resolving the issues but the deal must be mutually... Reuters Also reported by •FOXNews.com •Newsmax •SeattlePI.com •Seattle Times