Trump says White House signed a big deal with China, a ‘very big' one with India to follow
Washington, June 27 (UNI) US President Donald Trump said on Thursday that the White House signed a deal with China a day ago, and another agreement may be coming up with India.
Commerce Secretary Howard Lutnick told Bloomberg TV that the deal was signed earlier this week. Neither Lutnick nor Trump provided any details about the agreement.
"We just signed with China the other day," Trump said late Thursday, skipping details.
The move follows the US-China talks in Geneva in early May that led both sides to postpone massive tariff hikes that were greatly hampering their economies, and threatened to freeze much trade between the two countries.
Later talks in London set a framework for negotiations and the deal mentioned by Trump appeared to formalise that agreement.
"The President likes to close these deals himself. He's the dealmaker. We're going to have deal after deal," Lutnick said.
Beijing on its part did not say anything, though it did confirm that it was accelerating a review of export licence applications for rare earths and had approved "a certain number of compliant applications."
Trump further said that the US may sign a "very big" deal with India soon, though he did not state specifics.
'Where we're going to open up India, in the China deal, we're starting to open up China. Things that never really could have happened, and the relationship with every country has been very good,' Trump added.
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