x

China’s Vice Premier, Liu to sign trade deal with U.S. next week

China’s Vice Premier Liu He, head of the country’s negotiation team in Sino-U.S. trade talks, will sign a “Phase 1” deal in Washington next week, the Commerce Ministry said on Thursday.

Liu will visit Washington on Jan. 13-15, said Gao Feng, spokesman for the commerce ministry.

Negotiating teams from both sides remain in close communication on the particular arrangements of the signing, Gao told reporters at a regular briefing.

U.S. President Donald Trump said on Dec. 31 that the Phase 1 deal with China would be signed on Jan. 15 at the White House. Trump also said he would sign the deal with “high-level representatives of China”, and that he would later travel to Beijing to begin talks on the next phase.

The Phase 1 deal reached last month is expected to cut tariffs and boost Chinese purchases of U.S. farm, energy and manufactured goods while addressing some disputes over intellectual property.

But no version of the text has been made public, and Chinese officials have yet to publicly commit to key points such as increasing imports of U.S. goods and services by 200 billion dollars over two years.

The United States launched a trade war against Beijing a year and half ago over allegations of unfair trade practices, such as theft of U.S. intellectual property and subsidies that unfairly benefit Chinese state-owned companies. (Reuters/NAN

Hot this week

CSOs Celebrate Akpabio with 5th Annual Lecture, Hail NASS–Executive Synergy

…..Pledges expanded civic actions and pro-development campaigns in 2026Rising-Up...

PDP Fractional BoT to Hold States Congresses

By Joyce Rémi-BabayejuThe Fractional Board of Trustees, BoT, of...

CBN ends cash deposit limit for bank customers

The Central Bank of Nigeria has removed all limits...

Four killed in fresh bandits attacks in Yagba community in Kogi

By Noah Ocheni, LokojaSuspected bandits, on Wednesday...

Group Urges Gov. Sule to Seek Senate Seat as Future Planters LEAD Africa Festival Concludes

By Abel Zwanke, LafiaThe Future Planters LEAD Africa Festival...

Asia and Nigeria Strengthen Ties as 7th Asian Film Festival Opens in Abuja

The 7th Asian Film Festival has commenced in Abuja...

CSOs Celebrate Akpabio with 5th Annual Lecture, Hail NASS–Executive Synergy

…..Pledges expanded civic actions and pro-development campaigns in 2026Rising-Up...

I Always Seek My Wife’s Permission Before Acting Romantic Scenes — Nosa Rex

Nollywood actor Nosa Rex has disclosed that he always...

Regina Daniels Says She Has No Plans to Remarry After Split From Ned Nwoko

Nollywood actress Regina Daniels has explained why she is...

Ancelotti Names Club He Believes Will Stop Arsenal in the Champions League

Brazil head coach Carlo Ancelotti has predicted that Arsenal...

Van Dijk Addresses Salah–Slot Row After Inter Win

Liverpool captain Virgil van Dijk has broken his silence...

Related Articles

Popular Categories

spot_imgspot_img