China Deal (and Tariff Deadline) Are Close

President Trump told reporters Monday that China wants to find common ground in trade negotiations, but he was noncommittal about progress.

“The Chinese want to make a deal, we’ll see what happens,” he said. Meanwhile, the clock ticks toward Dec. 15, when 15 percent tariffs on consumer goods from China are scheduled to begin. Commerce Secretary Wilbur Ross said on Fox Business Network that date a “logical deadline” for a phase-one deal.

Also on Monday, Kellyanne Conway, a senior adviser to Trump, said a trade deal with China is possible by year’s end.

Sources: U.S. News & World Report, Reuters