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Wednesday, May 22, 2019

US-China trade resolution still expected by former White House official

Clete Willems, deputy director of the White House's National Economic Council until April, said China's leadership includes figures that the U.S. hopes will steer the country to more market-oriented policies to underpin a trade pact.
"We believe there is a strong contingent of reformers in China that want change," Willems said via video link at the Wall Street Journal's CEO Council conference in Tokyo on Tuesday.
Meanwhile, U.S. Ambassador to Japan William Hagerty said at the conference the top trade negotiators for the U.S. and Japan may come up with an agreement "in months."

Trump is scheduled to arrive in Tokyo later this week for summit talks with Japanese Prime Minister Shinzo Abe, where trade and security issues are set to be on the agenda.