Doug Palmer is a reporter for POLITICO.
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Donald Trump’s phase one trade war deal is set to be signed on Wednesday, and sources have confirmed the types of goods China has committed to purchase.
China provides many of the drugs used to treat Americans’ ailments, but there is growing fear in Washington that the supply could be weaponised.
Fresh tariffs threatened by the United States are expected to be delayed, with the two countries preparing separate statements.
Mastercard, American Express and Visa have been waiting for over a decade to gain access, but now UnionPay, Tencent’s WeChat Pay and Alibaba’s Alipay are in control.
For Trump to declare victory he needs China to further open its market to American exports; Xi needs the US to eliminate or sharply reduce tariffs.
World Economic Forum takes place with US-China trade war negotiations in the background.