Trump announced the imminent achievement of a trade deal between the United States and China
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- Trump announced the imminent achievement of a trade deal between the United States and China
The United States and China are close to concluding a trade agreement. This was announced on Wednesday, July 23, by US President Donald Trump at the artificial intelligence summit.
"We are in the process of finalizing negotiations and reaching a deal with China," Trump said, broadcast by Fox News.
On the same day, American Treasury Secretary Scott Bessent said that the United States would try to negotiate with China on extending the period of duty relief. Washington and Beijing will hold a meeting in Stockholm on July 28 and 29, where the parties will work on a possible extension of the deal.
At the same time, on July 21, Washington threatened China with the imposition of duties in the amount of 100% for the purchase of Russian oil.
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