China says 'external rumors' about the trade talks are not accurate

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China says 'external rumors' about the trade talks are not accurate
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China's Ministry of Commerce spokesman says both sides remain in communication and will strive for a phase one deal.

A so-called phase-one agreement between the U.S. and China may not be completed until next year as Beijing presses for greater reductions in tariffs and Washington pushes back with its own increased demands, Reuters reported.

Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019.BEIJING — Expectations are rising for a first-stage trade agreement betweenand the U.S., despite no clarity on when leaders of the two countries can meet to seal a deal.

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