April 5, 2019

Chinese Vice Premier Liu He said a new consensus has been reached between China and the U.S. on the text of a trade agreement that they are negotiating, according to official state media Xinhua.

Liu led a delegation to Washington this week to meet with U.S. officials for another round of high-level negotiations as the two sides seek to end a potentially devastating trade conflict. On Thursday, Liu met U.S. President Donald Trump at the White House's Oval Office.

Chinese President Xi Jinping, through a message conveyed by Liu, told Trump that both sides have made new and substantial progress on key issues regarding trade in the past month, according to Xinhua. Xi said he hopes both sides will continue to work together to conclude talks on the trade text as early as possible, Xinhua reported.

Read more:

https://www.cnbc.com/2019/04/05/us-china-trade-new-consensus-reached-says-chinas-liu-he.html