12/13/2019, 5:54 PM (Source: TeleTrader)
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Trump: China wanted phase two talks right away

United States President Donald Trump said on Friday that China wanted to start negotiations on a phase two trade deal immediately after having reached the phase on part of the agreement, which was "fine with him."

Speaking in the Oval Office, Trump told reporters the remaining tariffs on Chinese goods would be used as part of these upcoming talks on a phase two deal.

Earlier, Beijing announced it agreed with the US on the text of the long-awaited phase one trade deal.

Breaking the News / JC