Trump Speaks Of Deal ‘Signed With China’

U.S. President Donald Trump on Thursday mentioned a signed agreement with China, without providing details.

“We just signed with China yesterday,” the Republican said at an event at the White House while talking about making deals with other countries.

The president also suggested that there could “maybe” be a “very big” deal with India.

Since Trump launched a trade war in February with Beijing, the world’s two largest economies have been locked in a tit-for-tat tariff fight that have unnerved global markets.

In April, Trump increased tariffs on goods from China to as much as 145 per cent.

According to Trump’s statements earlier this month, the two countries agreed in principle to reduce export restrictions on rare earths.

He also spoke of an agreement in the tariff dispute.

There was no immediate comment from the Chinese side on the reported agreement.

(dpa/NAN)