Phase One Trade Deal with China in 'Good Shape'

November 1, 2019

AdobeStock / © Rawf8
AdobeStock / © Rawf8

The initial "phase one" trade pact with China appears to be in good shape and is likely to be signed around mid-November, although a finite date is still in question, U.S. Commerce Secretary Wilbur Ross said on Friday.

"We're pretty comfortable that the phase one is in good shape," he told Fox Business Network in an interview.

Reporting by Susan Heavey

Logistics News

Baltic Index Reaches Two Month High

Baltic Index Reaches Two Month High

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

EU Wheat Prices Drop As Ample Supply Offsets War Upheaval

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Patimban Global Gateway Terminal Selects Liebherr LHM 550

Subscribe for Maritime Logistics Professional E‑News

Sources say that drone attacks have reduced the oil loadings at CPC by about a fifth in July.
US Postal Service reports $2.5 billion quarterly loss
Reliance, an Indian company, has booked a supertanker for Iraqi crude at a record-breaking freight rate