US President Donald Trump has tweeted that the US and China are “very close” to setting an interim deal that would halt the 17-month-old trade war. Photo: Reuters

Donald Trump tweets that a US-China trade deal is ‘very close’, buoying stock market

  • ‘They want it, and so do we!’ the US president says in his Twitter post, sending the S&P 500 surging to a record high
  • Tweet comes with 15 per cent tariffs on US$156 billion of Chinese imports slated to go into effect on Sunday
Topic |   US-China trade war

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US President Donald Trump has tweeted that the US and China are “very close” to setting an interim deal that would halt the 17-month-old trade war. Photo: Reuters
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Lee Jeong-ho

Lee Jeong-ho

Lee Jeong-ho reports on China's diplomacy for the Post. He also covers East Asian security and defence stories. Before joining the Post he was with the South Korean Air Force and News1 Korea. He has a bachelor's degree in media and communications and Chinese studies from Sydney University and a master's of international studies in Chinese area studies from Seoul National University.