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Trump said the first part of mini China trade deal could be signed in Iowa this month

Trump said the first part of mini China trade deal could be signed in Iowa this month
AP Photo/Andy Wong



President Donald Trump has played up the prospect that the US could soon defuse trade tensions with China in recent days.




The two sides could sign a so-called phase one agreement in Iowa this month, he said.




But administration officials emphasized that further negotiations would be needed to resolve key economic issues between the two sides.




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President Donald Trump has said in recent days the US could soon defuse trade tensions with China, though administration officials emphasized that further negotiations would be needed to resolve key economic issues between the two sides.
Speaking to reporters on the White House lawn Friday evening, Trump said he and President Xi Jinping could sign a so-called phase one agreement as soon as this month. He added that meeting could take place in Iowa, a state Trump won in 2016 but that has suffered financial losses from retaliatory tariffs levied by the second-largest economy.
"China wants to make the deal very much," the president said. "I don't like to talk about deals until they happen, but we're making a lot of progress."
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