US President Donald Trump said late Friday that he “had a very good talk with President Xi of China concerning our giant Trade Deal.” He noted that China has already started “large scale purchases” of US farm products. Formal signing of the agreement is “being arranged”. Both presidents also discussed the issues of North Korea and Hong Kong.
While Trump is due to travel to Switzerland for the annual World Economic Forum in Davos at the end of January, Xi is not expected to be there. Hence, it’s an unlikely location for the signing. According to comments from US Trade Representative Robert Lighthizer, the 86-page trade agreement would be signed by him and Chinese Vice Premier Liu He in early January in Washington. The agreement is expected to come into effect 30 days afterwards.
