Washington, D.C.—President Donald Trump announced he will sign a “very large and comprehensive” Phase 1 trade agreement with China on January 15.
“The ceremony will take place at the White House. High level representatives of China will be present,” the president said on Twitter.
“At a later date I will be going to Beijing where talks will begin on Phase 2.”
Later, during brief comments with reporters, Trump said negotiations on Phase 2 will begin “very soon,” adding that phase should bring an end to talks between the two economic giants.
“I think that should complete it,” he said.
Trump’s tweet and comments to the press followed White House adviser Peter Navarro’s appearance the day before on Fox News, during which he described the first phase of the U.S.-China trade agreement as a “done deal, put that one in the bank.”
“We are just waiting for the translation,” Navarro said of the 86-page agreement, which was announced days earlier.
Details of that much-anticipated deal have not been released, and Navarro said they will not be until the translation has been completed.
While sidestepping certain questions, Navarro…
