Sounding very very positive, with LNG once again in the trade talks spotlight.
Trade Deal Seen Within Reach
The Trump administration expressed optimism it can reach a “reasonable” trade deal with China as President Xi Jinping dispatched one of his top aides to negotiations in Beijing on a lasting truce to a conflict that has roiled financial markets. “There’s a very good chance that we’ll get a reasonable settlement that China can live with, that we can live with, and that addresses all the key issues,” Commerce Secretary Wilbur Ross told CNBC Monday.
Sucha deal could involve the Chinese buying more American soybeans and liquefied natural gas, while agreeing to deeper “structural reforms”on issues such as intellectual-property rights and market access, Ross said.
