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US-China trade war
China

US-China trade deal could be signed by ministers instead of Donald Trump and Xi Jinping, top White House aide says

  • National Economic Council director Larry Kudlow says still no precise date set for ‘phase one’ agreement

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Larry Kudlow, director of the US National Economic Council, pauses while speaking to members of the media outside the White House on November 1. Photo: Bloomberg
Agence France-Presse

A partial trade agreement between the United States and China could be signed at the ministerial level, not by the two nations’ presidents, a top White House aide said Friday.

Larry Kudlow, director of the National Economic Council, has fed optimism in recent days that efforts to complete the “phase one” trade deal announced last month by US President Donald Trump are making progress.
Trump had said that he expected the text of a partial deal would be ready for signing with Chinese President Xi Jinping at an economic summit that had been expected to occur in Chile this weekend.
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Chances for that evaporated, however, after officials in Santiago cancelled the summit.

Kudlow said on Friday there was still no precise date set.

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