US, China close to finalising sections of trade deal

The Office of the US Trade Representative (USTR) has said that Washington and Beijing were close to finalising sections of an accord that aims to put an end to the ongoing trade war between the two economic giants.

US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin made the announcement on Friday in an official statement after discussions with Chinese Vice Premier Liu He about "phase one" of the agreement, reports Efe news.

The negotiators "made headway on specific issues and the two sides are close to finalizing some sections of the agreement. Discussions will go on continuously at the deputy level, and the principals will have another call in the near future", the statement said.

Minutes later US President Donald Trump said from the White House that negotiations were going "very well" and "a lot of good things are happening with China"."They want to make a deal very badly," he added.