While there seems to be progress made in US-China trade negotiations, they’ve yet reached a concluding stage. No Trump-Xi summit was announced at the meeting in the Oval Office with Chinese Vice Premier Liu He. Trump said: “We’re getting very close to making a deal. That doesn’t mean a deal is made, because it’s not, but we’re certainly getting a lot closer.”
At the time same, he repeated his vague languages regarding the timing of a deal. “And I would think with, oh, within the next four weeks or maybe less, maybe more, whatever it takes, something very monumental could be announced.
Trump added that “some of the toughest things have been agreed to”, and “we’ve agreed to far more than we have left to agree to”. “We have to make sure there’s enforcement. I think we’ll get that done. We’ve discussed it at length,” he added..
It’s equally vague on the Chinese side. President Xi Jinping told Trump, through Liu, that “I hope the two sides’ trade teams can continue working in the spirit of mutual respect, equality, and mutual benefit to resolve each other’s concerns, and finish negotiations on the text of the China-U.S. trade agreement soon.” Yet, there was no indication on how “soon” is being soon.