White House adviser Hassett confident U.S., China can reach trade deal by March

FILE PHOTO: White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018. REUTERS/Jonathan Ernst - Copyright Jonathan Ernst(Reuters)

By Reuters

Published on 23/01/2019 - 16:04•Updated 25/04/2024 - 16:05

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WASHINGTON (Reuters) - White House economic adviser Kevin Hassett said on Wednesday he believed the United States and China could reach a trade deal by a March 1 deadline.

"Yes, I am confident that it can happen, that the talks are moving forward," Hassett said in an interviw with CNN. "There's a lot of progress to be made but it's a very strong situation right now. And I think the Chinese recognise that they've got a big potential gain for coming up with a deal because as you mentioned their growth has really fallen off the cliff."