US, China trade deal doesn't have to be signed in November: Ross

US, China trade deal doesn't have to be signed in November: Ross

US, China trade deal doesn't have to be signed in November: Ross

National economic council director Larry Kudlow, in a wide-ranging interview, discusses China trade talks, Hong Kong protests, the USMCA and his outlook for the US economy.

Trade deal headlines being sounded by Trump and US President Trump and Lighthizer. "We have every confidence in our ability to meet macroeconomic targets for the year", Liu said. "I think we're very close on opening financial services and the currency stability deal, which is essentially is an International Monetary Fund deal".

"The real question is, do we get to an early signing of phase one?" said Ross, who is not a member of the U.S. delegation to the trade talks.

Trump said Monday the Chinese "have started the buying".

Trump says he hopes to sign a China deal at the Chile APEC summit.

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"We have made very clear to Boris Johnson and to the others there that we are happy to do a deal very quickly with the United Kingdom", he told Maria Bartiromo on Monday, adding that "the issues between USA and United Kingdom are far smaller than the issues between either of us in the European Union".

"But from our point of view, it has to be the right deal and it doesn't have to be in November". He added that it's more important to have a "proper deal" than an exact date of when it occurs.

Chinese Vice Premier Liu He said on Saturday that China will work with the United States to address each other's core concerns on the basis of equality and mutual respect, aiming to stop the trade war between the world's two biggest economies.

While details are scant, the new mini-deal includes a surge in Chinese purchases of American farm exports and also covers intellectual property, financial services and currency exchange, according to the White House.

China sent statement saying they expect a deal. The U.S. did not raise tariffs from 25 percent to 30 percent on October 15.

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