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US still targeting to complete China trade deal phase 1 despite cancellation of Chile APEC

Even though the APEC summit in Chile in November is canceled due to social unrest, US is still aiming to complete the phase one of trade agreement with China with the same time frame.

White House spokesman Gidley said in an e-mail that “we look forward to finalizing Phase One of the historic trade deal with China within the same time frame, and when we have an announcement, we’ll let you know”.

“As of now, it appears APEC will not occur in Chile, and it’s our understanding the organization does not currently have a secondary site prepared,” he said.

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