Foreign

Trump, Xi reaffirm backing of phase I trade deal

Published

on

News

(dpa/2020) U.S President, Donald Trump and Chinese President Xi Jinping on Friday reaffirmed their backing for an interim deal meant to stave off the countries’ trade war.

In a phone conversation with Xi, Trump noted the great achievement of the phase one trade deal and recommitted to its implementation, a White House spokesman said.

Xi said the agreement, signed in January in Washington, was beneficial to China, the United States and the world, according to Xinhua news agency.

The talk came a day after China announced it would halve punitive tariffs on 75 billion dollars’ worth of U.S imports starting on Feb. 14, the same date the U.S was due to cut tariffs on some Chinese products.

Both countries said they would roll back tariffs as part of the phase one trade deal, which was meant to pause the countries’ two-year-old trade war.

Trump also said he was confident about China’s success in fighting a coronavirus epidemic that has so far infected more than 30,000 people and killed more than 600 across the country.

He said the U.S was willing to communicate and cooperate with China on this issue, according to Xinhua.

Xi said China was fully confident and capable of defeating the epidemic.

The coronavirus outbreak has raised fears that it would bog down China’s economy, which is already growing at the slowest pace in decades.

Entire cities have been cordoned off, factories and businesses have been closed and some transport lines suspended in an effort to curb the spread of the disease.

Edited By: Halima Sheji/Sadiya Hamza

Short Link: https://wp.me/pcj2iU-30ax

Sheji Halima

Sheji Halima: NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. We are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and we strive diligently to ascertain the truth in every news report. Contact: editor @ nnn.ng. Disclaimer.

Video press release: Rugby Africa Sevens Solidarity Camp: All matches will be broadcast live Saturday and Sunday on Rugby Africa’s Facebook page and Rugby Africa’s YouTube channel APC will take over Rivers Govt House in 2023- State Chairman Coronavirus – Nigeria: COVID-19 case update (May 7, 2021) FRSC enjoins passengers to caution reckless drivers Coronavirus – Daily update of the state of COVID-19 statistics in Zambia (May 7, 2021) Atiku mourns ex-Minister of Women Affairs, Alhassan Bird flu: Bauchi govt. kills about 27,000 birds to curtail spread Heirs Oil & Gas announces the appointments of its CEO and Board of Directors NCDC records 39 new infections, zero death Victor Campenaerts warming up for the Giro d’Italia time trial on Zwift Abuja residents count losses as FCDA demolishes illegal structures Rugby Africa Sevens Solidarity Camp: All matches will be broadcast live on Saturday and Sunday on Rugby Africa’s Facebook page and Rugby Africa’s YouTube channel Adimula Commissions PTI Skill Development Academy Coronavirus – Rwanda: COVID-19 update (May 6, 2021) JUSUN, PASAN strike to end soon – FG Coronavirus – Eswatini: COVID-19 daily update (May 6, 2021) Jagun emerges new president of computer professionals council Coronavirus – Eritrea: Ministry of Health announcement (May 6, 2021) Lagos to connect 100 schools to internet in May – Sanwo-Olu #EndSARS: Insurance companies pay N4bn claims – NIA NCDC confirms 28 new COVID-19 infections in Nigeria Coronavirus – Daily update on the status of COVID-19 statistics in Zambia (May 6, 2021) Manchester United cruise into Europa League final, Arsenal slump Mining Indaba expands advisory board for 2022 Kogi Gov., Bello commiserates with Pastor Adeboye over son’s demise Angolan Petroleum Agency to host question and answer sessions for next application cycle FG inaugurates committees on National Policy on welding Coronavirus – Kenya: COVID-19 update (May 6, 2021) Leadership Centre, UNDP train 5000 civilian JTF in Yobe, Adamawa Coronavirus – Ethiopia: COVID-19 cases reported in Ethiopia (May 6, 2021) Player fined about N2.5m, banned for slapping opponent FROM THE FIELD: Ugandan conflict survivor helps communities find ‘ways forward’ Former LRA leader, former child soldier, sentenced to 25 years in prison Coronavirus – Eritrea: Ministry of Health announcement (May 5, 2021) Day of the Midwife: Invest in midwives to save more lives — UNFPA Liquid Telecom unveils new identity, Liquid Intelligent Technologies in Botswana as it establishes itself as the digital services partner of choice for African businesses Buhari salutes ex-NSC DG Al-Hassan Yakmut at 60 Chelsea whip Real Madrid to reach Champions League final Video press release: Weekly press briefing on the coronavirus epidemic Enugu State inaugurates board for universal health coverage Video Press Release: WHO Africa COVID-19 Online Briefing Singer Paul Okoye hits 1m subscribers on YouTube, receives gold plaque Coronavirus – Ethiopia: COVID-19 cases reported in Ethiopia (May 5, 2021) Coker resumes as NTDC boss WAPA reiterates commitment to vulnerable women in Lagos Coronavirus – Daily update on the status of COVID-19 statistics in Zambia (May 5, 2021) EU moots military training mission to Mozambique – Official Vaccine shortage increases risk of COVID-19 resurgence NECO releases 2020 SSCE results Rugby Africa Mulligrubbers #AfricaAsOne with the launch of the men’s seven-a-side solidarity camp