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Amid Trump's tariff scare, US China move closer to crucial trade deal


Investors are closely watching for any signs of progress on a phase-one deal as worries increase that Trump may slap more tariffs on China later this month

When asked in Seoul about whether the trade talks can be finished this year, China’s Foreign Minister Wang Yi said, “it depends.

The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said.

The people, who asked not to be identified, said that U.S ...


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