December 13 2019 11:00am

China says trade deal with US must be ‘mutually beneficial’

A Chinese foreign ministry spokeswoman said any deal to settle their 17-month-old tariff war must be “mutually beneficial, win-win.” President Donald Trump said in Twitter a deal was “very close,” but the Chinese spokeswoman gave no confirmation of that. Investors are hoping an interim deal will persuade Washington to postpone a planned tariff hike Sunday on $160 billion of Chinese imports.

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