Looking for an early trade agreement
- hoping that both sides meet halfway to reach in early trade agreement
- has made arrangements on agricultural product purchases
- hope to keep in close contact Trump
- Lighthizer and US delegation will be going to China shortly
- Liu is a friend and very well respected
- Will meet with Xi maybe once or twice
- Relationship has never been so advanced
- CHina has already done a lot to open up financial services
- Has seen progress on IP and technology by that does not mean we have a deal
Vice Premier Liu says:
- hopeful of a deal with the US on trade
- Hopes to accelerate ninety-day period for deal
- decisions in Washington have gone well
US Lighthizer says:
- we have made substantial progress after 2 intense days of discussions
- we have much work to do
- we focused on structural issues and enforcement
- China and US are more or less in continuous negotiations
There is some positive ticks in the US equity markets with the S&P back above the 2700 level at 2705. The Nasdaq is up 98 points or 1.36%
