Trade war averted? U.S., Chinese negotiators working out new details | WHAT REALLY HAPPENED


Trade war averted? U.S., Chinese negotiators working out new details

American and Chinese trade negotiators are working out details of a new agreement that could avert a wider trade war as the New Year approaches.

The Wall Street Journal reported that the deal could lead to a boost in U.S. exports to the Asian giant as well as a loosening of regulations that prevent or hamper U.S. firms from operating in China, people familiar with the negotiations said.

POTUS Donald Trump on Saturday tweeted that he and Chinese President Xi Jinping had made “great progress” in trade discussions, which are set to wrap up on March 1.

“Deal is moving along very well. If made, it will be very comprehensive, covering all subjects, areas, and points of dispute,” he tweeted.

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