China is pushing for a partial trade deal with the US with its state media. The China Daily newspaper said in an editorial that “A partial deal is a more feasible objective. Not only would it be of tangible benefit by breaking the impasse, but it would also create badly needed breathing space for both sides to reflect on the bigger picture.” Though, it also warned that
It’s believed that China is offering to increase annual purchases of US agricultural products, in exchange for further delay in the next tranche of tariffs. Also, there could be some form of currency agreement but it’s unsure if there will be anything new other than the usual pledges.
Trade talks will continue for a second day in Washington today. Trump is scheduled to meet Chinese Premier Liu He at 1845 GMT after the meeting.