Trump speaks of deal ‘signed with China’
President Donald Trump mentioned a signed agreement with China on Thursday without providing details.
“We just signed with China yesterday,” the president said at an event at the White House while talking about making deals with other countries. The president also suggested that there could “maybe” be a “very big” deal with India.
Since Mr Trump launched a trade war in February with Beijing, the world’s two largest economies have been locked in a tit-for-tat tariff fight that has unnerved global markets.
In April, Mr Trump increased tariffs on goods from China to as much as 145 per cent. There were signs of easing weeks ago.
According to Mr Trump’s statements earlier this month, the two countries agreed in principle to reduce export restrictions on rare earths.
He also spoke of an agreement in the tariff dispute.
There was no immediate comment from the Chinese side on the reported agreement.
(dpa/NAN)
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