'The ultimate goal for the negotiations between the two sides is to end the trade war, cancel all additional tariffs. This is good for China, good for the US and good for the whole world,' Ministry of Commerce spokesman Gao Feng said in a statement Thursday.
Hopes of a"phase one" trade deal between the United States and China have fluctuated since Friday, when President Donald Trump announced that the two countries would soon be signing a preliminary agreement.
Even as talks between the countries continue, as Beijing and Washington seek to iron out the details of the"phase one" agreement to end the 18-month trade war, China cautioned on Thursday that the long-running conflict won't end until the U.S. removes all tariffs levied since July 2018. "The ultimate goal for the negotiations between the two sides is to end the trade war, cancel all additional tariffs. This is good for China, good for the US and good for the whole world," Ministry of Commerce spokesman. But China is willing to agree to a partial deal that would include"progress in the direction ofUnder the deal announced Friday at the White House, which officials from both countries are still discussing, China would agree to increase purchases of U.S.
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