Trump agrees US, China will reach deal in 90 days

Economy | Politics 12/7/2018, 3:00 AM
Trump agrees US, China will reach deal in 90 days

United States President Donald Trump agreed with the statement made by China's Commerce Ministry that the two world's biggest economies will reach an agreement on trade in the next 90 days.

"Statement from China: 'The teams of both sides are now having smooth communications and good cooperation with each other. We are full of confidence that an agreement can be reached within the next 90 days.' I agree," the president tweeted.

Trump previously suggested the negotiations may be extended beyond the agreed 90-day period, while US Treasury Secretary Steven Mnuchin was more positive, expressing confidence an agreement on trade will be reached within the scheduled deadline. However, the recent arrest of the Huawei Technologies Co.'s CFO Wanzhou Meng could jeopardize the negotiations according to some reports.

Breaking the News / MD