London a possible venue for the signing of the long-awaited interim trade deal between the two countries.
A meeting between US President Donald Trump and Chinese President Xi Jinping to sign a long-awaited interim trade deal could be delayed until December as discussions continue over terms and venue, a senior official of the Trump administration toldThe official, who spoke on condition of anonymity, said it was still possible the"phase one" agreement aimed at ending a damaging trade war would not be reached, but a deal was more likely than not.
Other sites are possible in Europe and Asia, but the former is more likely, with Sweden and Switzerland among the possibilities. Iowa, which Trump has suggested, appeared to have been ruled out, the official said. US Treasury prices gained yesterday on word that the talks could be delayed, while some investors also repositioned after a three-day sell-off. The dollar slid and the three-day global stock market rally paused as US productivity data disappointed and investors turned a bit cautious about US-China trade talks.
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