Comprehensive US-China Trade Deal Could Happen 'Rather Soon' - Trump

China is eager to conclude a major trade agreement with the United States to end the economic dispute between the world's two biggest economies and the deal could be reached in the near future, US President Donald Trump said on Friday.

WASHINGTON (UrduPoint News / Sputnik - 14th December, 2018) China is eager to conclude a major trade agreement with the United States to end the economic dispute between the world's two biggest economies and the deal could be reached in the near future, US President Donald Trump said on Friday.

"China just announced that their economy is growing much slower than anticipated because of our Trade War with them," Trump said in a Twitter message. "They have just suspended US Tariff Hikes. US is doing very well. China wants to make a big and very comprehensive deal. It could happen, and rather soon!"

Beijing and Washington have managed to agree to eliminate some differences regarding the automotive, agricultural, and energy trade sectors, spokesman for the Chinese Commerce Ministry Gao Feng said on Thursday.

Earlier in the day, the Chinese Finance Ministry said in a statement that Beijing will suspend 25 percent tariffs on 144 US vehicle and auto part items and 5 percent tariffs on 67 auto items between January 1, 2019 and March 31, 2019.

The announcement was made after Trump and Chinese President Xi Jinping agreed to de-escalate their countries' trade war during a meeting on the sidelines of the G20 summit in Argentina.