Trump said he was likely not to sign any trade deals with China until he met with President Xi Jinping at APEC.

Asia-Pacific Economic Cooperation Forum (APEC) 2019 was held in Santiago, Chile. Mr. Trump, Xi and leaders of other economies are expected to attend the event from November 11 to November 17.

Speaking to reporters at the White House on October 16, Trump said he was unlikely to sign any trade deals with Beijing until he met the Chinese president in November. He also said a partial trade agreement with China last week was in the process of formalization. "It is being drafted," Trump said.

Beijing and Washington last week agreed for the first time a temporary agreement, which helped ease the trade war, but did not give specific details.

Trump agreed not to raise taxes from 25% to 30% with about $ 250 billion of Chinese goods, which is scheduled for October 15, but has not yet made a decision on the tax measure expected to take effect in December. Bloomberg earlier this week reported that China wants to continue to negotiate more closely at the end of October, in order to discuss details of the first phase agreement.

The US-China trade war has lasted more than a year with tax reprisals from each other, causing the world's two largest economies to suffer. The United States accuses China of unfair trade practices, such as favoring domestic businesses, forcing foreign companies to transfer technology or manipulating currencies, and demanding provisions to address these issues. trade deal.