Trump, Xi poised to ink major US-China trade pact soon? US-China chief negotiators finalise framework for deal

News Snapshot:

Chief trade negotiators of both the United States and China have reportedly arrived at a preliminary consensus on the trade deal between the major nations. US President Donald Trump and his Chinese counterpart, Xi Jinping, are likely to sign the deal this week. China's top trade negotiator, Li Chenggang, told reporters in Kuala Lumpur that both sides have agreed on a preliminary framework for the trade deal, and it would now be sent for approval to both sides. Top trade negotiators of both countries met on the sidelines of the ASEAN Summit in Malaysia. "Both Beijing and Washington believe a...