Trade tensions between the united states and china appeared to cool on sunday ahead of a meeting between president donald trump and chinese leader xi jinping. Us and chinese officials have reached a framework agreement, averting a potentially ruinous 157% tariff on chinese goods while paving the way for a potential trade deal to be discussed between. China's top trade negotiator, li chenggang, told reporters that the two sides had reached a “preliminary consensus” on areas of dispute and would seek to further stabilise the relationship
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Trump also expressed confidence that an agreement was at hand.
When asked about the tensions by reporters on sunday as he was heading to the middle east, trump appeared to soften his stance, leaving room for negotiations with china.
Trade tensions between the united states and china appeared to cool on sunday ahead of a meeting between president donald trump and chinese leader xi jinping, with the chinese government suggesting that a mutual understanding had been reached between the world’s two largest economies.