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China hails Trump-Xi summit, says 'very confident' in trade deal

Reuters  |  BEIJING 

By Yawen Chen and Se Young LeeBEIJING (Reuters) - China on Thursday expressed confidence in striking a trade deal with the United States within their 90-day ceasefire period, praising the recent meeting between U.S. President Donald Trump and Chinese President Xi Jinping as highly successful.In Argentina last weekend, Trump and Xi agreed to a truce that delayed the planned Jan. 1 U.S. hike of tariffs to 25 percent from 10 percent on $200 billion of Chinese goods while they negotiate a trade deal."We are very confident in reaching an agreement (with the United States) within the next 90 days," ...

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First Published: Thu, December 06 2018. 16:18 IST