Posted on 12/30/2019 10:40:19 AM PST by SeekAndFind
Chinese Vice Premier Liu He, that nation’s top trade negotiator, will visit Washington this week to sign the “phase one” trade deal with the U.S., the South China Morning Post reported Monday.
The newspaper, citing a source briefed on the matter, said Beijing has accepted the U.S. invitation for a deal signing in Washington, and the Chinese delegation will stay in the U.S. for a few days until the middle of next week. The South China Morning Post is run by Alibaba but is often criticized for being biased in favor of the state.
The two countries have been working on translating and formalizing the partial agreement since earlier this month. The phase one trade deal includes some tariffs rollback and increased agricultural purchases from China.
White House trade advisor Peter Navarro told Fox News on Monday that the signing will likely happen within next week or so with both sides waiting for the translation.
President Donald Trump said last week that the deal is “getting done,” adding that there will “ultimately” be a signing ceremony with Chinese leader Xi Jinping.
U.S. Trade Representative Robert Lighthizer previously said the two countries were aiming to sign the deal in the first week of January in Washington at the ministerial level and would not involve Trump and Xi.
(Excerpt) Read more at cnbc.com ...
I’m pretty certain that this Phase One signing will take place next Saturday.
Wish Xi was coming instead of his Vice Premier, but I guess it doesn’t make that much difference.
winning?
my guess is, probably so.....
They’ll ignore it a week after signing it, because it doesn’t solely benefit China.
Trump will not himself be at signing and as long as that is the case the Chinese leader will not appear either.
Either way, much teeth gnashing going on from the Libs as they madly attempt to figure a way to spin it negatively.
LOL! Maybe it caused the morning decline - but I would have thought it good news...!
Are we sending an Assistant Secretary of Commerce?
I doubt this will move ANYTHING. If anything, actually seeing the agreement will drop the market.
My guess is the market goes down a couple thousand next week on “first of the year” tax selling.
It means nothing.
Good point, without XI, PDJT won’t be there either.
Likely, Robert Lighthizer, Peter Navarro or Steven Mnuchin will be with Vice Premier Lie He once all the necessary translation is completed.
They wouldn’t even be negotiated if President Trump wasn’t capable of hurting them...to do as you say would be insane.
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