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

FCTA Vows Increased Commitment To Advance Child Healthcare

By Joyce Remi-Babayeju The Minister of State for the Federal...

2025 EASTER PILGRIMAGE: Bishop Adegbite Arrives Turkey to Inspect Aircraft

By Joyce Remi-Babayeju Ahead of the 2025 Easter Pilgrimage to...

Parties Clash Over Police Probe of El-Rufai for Criminal Conspiracy

Fresh political tensions have erupted following a police invitation...

Kogi Declares War on Illicit Drugs, Inaugurates 26-Member Control Committee

By Noah Ocheni, Lokoja The Kogi State Government has inaugurated...

Kano Gov Moves to Empower 44 LGAs with Full Autonomy

By Jabiru Hassan Kano State Governor, Alhaji Abba Kabir Yusuf,...

FG Assures AFGSAN of Support to Boost Food Security

By Francis Wilfred The Federal Government has assured the Amana...

NASENI-PICTT Launches DELTA-2 Second Call for Proposals

…As FG Insists on Commercialization of R&D Results to...

FCTA Vows Increased Commitment To Advance Child Healthcare

By Joyce Remi-Babayeju The Minister of State for the Federal...

Taraba LG Boss Denies Alleged Involvement in Pipeline Vandalism

By Our Correspondent Concerned citizens of Ardo-Kola Local Government Area...

Plateau Drugs Agency, LGAs to Tackle Fake, Substandard Products

By Israel Adamu, Jos The Plateau State Drugs and Medical...

Plateau Drugs Agency, LGAs to Tackle Fake and Substandard Products

By Israel Adamu, Jos The Director General of the Plateau...

Related Articles

Popular Categories

spot_imgspot_img