US President Donald Trump says a resolution to the trade war with China is close, but China's government has yet to confirm the conclusion of a deal.
Recently though, White House officials have indicated they would settle for less in a so-called"phase one" deal.
Plans for an official announcement had not been nailed down, the daily said, adding that the administration does not intend to seek congressional approval.In addition to existing tariffs, Mr Trump had threatened to impose a 15 per cent levy Sunday on around $160 billion of Chinese exports, including popular US consumer goods like electronics and clothing.
Mr Trump's overall goal with China and a keystone of his presidency is to uproot what Washington says are Beijing's predatory trade practices, including forced technology transfers and massive intellectual property theft.Mr Trump himself has blown hot and cold, repeatedly insisting that China needs a deal more than the United States does.
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