Trump says U.S., China close to a deal ahead of Xi talks

AWANI

U.S. President Donald Trump says the Washington and Beijing are close to a trade deal ahead of his meeting with Xi Jinping in South Korea. He also hints a TikTok deal could be signed as soon as Thursday.

Transcript

00:00U.S. President Donald Trump says Washington and Beijing are close to sealing a trade deal

00:05ahead of his meeting with Chinese leader Xi Jinping in South Korea.

00:09Speaking aboard Air Force One on his way to Japan from Malaysia,

00:13Trump added that he could sign a final agreement on TikTok as early as Thursday.

00:20As Trump met with world leaders in Kuala Lumpur,

00:23U.S. and Chinese negotiators held talks on the sidelines of the ASEAN summit.

00:27The discussions produced a framework ahead of Trump's expected meeting with Xi Jinping

00:32on Thursday at the APEC summit.

00:34China's top trade negotiator Li Chenggang said a preliminary consensus was reached on export

00:40controls, fentanyl and a possible trade truce.

00:43U.S. Treasury Secretary Scott Besson added that Trump's threat of 100 percent tariffs

00:48is effectively off the table after what he called two productive days of meetings.

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