Trump says ‘getting very close’ on extending China trade truce


A preliminary deal between the US and China is set to expire on Aug 12. - Photo: Reuters

WASHINGTON: US President Donald Trump said he was "getting very close to a deal” with China to extend the trade truce that saw the two countries agree to reduce tit-for-tat tariff hikes and ease export restrictions on rare earth magnets and certain technologies.

"It’s not imperative, but I think we’re going to make a good deal,” Trump said in an interview with CNBC, adding that the US was "getting along with China very well.”

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