Economics

U.S., China Move Closer to Trade Deal Despite Harsh Rhetoric

  • Negotiators getting closer on amount of tariff relief: people
  • Trump’s comments not indicative of talks falling apart: people
President Donald Trump says trade talks are at a critical stage.Source: Bloomberg)
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The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said.