China says Vice Premier Liu He will travel to Washington next week to sign 'phase one' of US trade deal
In this October 11, 2019, file photo, President Donald Trump watches as Chinese Vice Premier Liu He speaks to US Trade representative Robert Lighthizer, right, in the Oval Office of the White House in Washington.
The signing will cap a nearly two-year spat that threatened to throttle the global economy as the two countries exchanged tariffs on hundreds of billions of dollars worth of two-way trade. Under the “Phase 1” deal, Beijing agreed to buy more American farm goods and Washington's chief negotiator, Robert Lighthizer, said it would make changes to respond to complaints about its industrial policies.
"Both parties are in close communication regarding the detailed arrangement of the signing," Gao said, without providing more details.US and Chinese officials have said the agreement includes protections for intellectual property, food and farm goods, financial services and foreign exchange, and a provision for dispute resolution.
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