Expectations for Trade Agreement with China and Global Competition

US President Donald Trump announced that a trade agreement with China is expected. The announcement is anticipated within three to four weeks.
Trump stated that effective negotiations are ongoing with Chinese President Xi Jinping. There is hope for an end to the tariff war between the two countries.
Trump said, "There is a number that will relieve them, but they cannot make a trillion dollars from us." This situation seems likely to affect global trade balances.

The relationship between China and the US had been strained due to mutual tariffs. However, Trump is taking steps to soften this situation.
Developments could lead to significant changes in the world economy. Everyone is eagerly awaiting the results of this agreement.
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