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Reuters
Reuters
Business

Trump says he and Xi will sign China trade deal

U.S. President Donald Trump speaks to the media after participating in a video teleconference with members of the U.S. military at Trump's Mar-a-Lago resort in Palm Beach, Florida, U.S., December 24, 2019. REUTERS/Leah Millis

PALM BEACH, Fla. (Reuters) - U.S. President Donald Trump said on Tuesday he and Chinese President Xi Jinping will have a signing ceremony to sign the first phase of the U.S.-China trade deal agreed to this month.

"We will be having a signing ceremony, yes," Trump told reporters. "We will ultimately, yes, when we get together. And we'll be having a quicker signing because we want to get it done. The deal is done, it's just being translated right now."

United States Trade Representative Robert Lighthizer said on Dec. 13 that representatives from both countries would sign the Phase 1 trade deal agreement in the first week of January.

Speaking in Beijing on Wednesday, Chinese Foreign Ministry spokesman Geng Shuang said both countries were in close contact.

"Both sides' economic and trade teams are in close communication about detailed arrangements for the deal's signing and other follow-up work," Geng told a daily news briefing.

He did not elaborate.

Beijing has not yet confirmed specific components of the deal that were released by U.S. officials. A spokesman for China's Commerce Ministry said last week the details would be made public after the official signing.

(Reporting by Alexandra Alper; Additional reporting by Ben Blanchard in Beijing; Writing by Doina Chiacu and Heather Timmons; Editing by Alex Richardson, Andrea Ricci and Himani Sarkar)

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