Trade Deal and Chinese Delegation

deal: At a meeting between Chinese Vice Premier Liu He and US President Donald Trump in the Oval Office on Thursday, US time, officials from both sides sounded optimistic about the ongoing talks, though they also maintained a fine line in discussing a specific deadline for a deal, according to Global Times China. In the meeting, Liu, who is leading the Chinese delegation to Washington, told Trump that the two teams had productive consultations in the past two days and that new consensuses had been reached over important issues such as the text of the potential trade deal, according to the Xinhua News Agency. Though the two sides appear inching closer to a much-anticipated trade deal, there remains several key sticking points, including the tariffs which are already in place and an enforcement mechanism, on which Chinese officials are expected to hold a firm position, analysts said. Trump also said that the two countries are close to what he described will be an epic deal and suggested that officials are aiming to reach a deal within the next four weeks, according to US media outlets. Chinese and US officials held talks on Wednesday and Thursday in Washington, where they apparently focused on the text of the potential trade agreement, the tariffs they have imposed on goods worth billions of dollars, a verification mechanism and other related issues. In a message to Trump, conveyed by Liu at the meeting, President Xi Jinping called for the two sides to keep up with the spirit of mutual respect, equality and mutual benefit, and resolve issues of mutual concern so as to conclude the negotiations on the agreement text as soon as possible, Xinhua reported. (news.financializer.com). As reported in the news.