Official: China hopes for US trade pact as tariff hike nears
World BusinessDec 9, 2019
A Chinese official says Beijing wants a prompt settlement of its trade war with Washington. A deputy commerce minister said Monday that Beijing wants "satisfactory results as soon as possible.'' The official gave no details of talks on a "Phase 1" deal announced by President Donald Trump in October. Another US tariff hike on $160 billion of Chinese imports is due to take effect Sunday. China announced Friday it was carrying out a promise to waive punitive tariffs on American