President Trump: We are so close, China wants to make a deal badly

The US and China are close to making a trade deal and the latter is desperate to reach an agreement, President Trump reportedly said during a rally in Kentucky. 

The two nations are closing on a phase-one of the trade deal, under which the US is considering removing some tariffs on $112 billion worth of Chines imports in exchange of China agreeing to buy up to $50 billion worth of US farm goods within two years and implement commitments to open its financial services sector and increase intellectual property protections, according to Politico.