Both U.S. and Chinese officials indicated that they are moving to finalize the “phase one” trade deal on Oct. 30, the same day when Chile announced that it would no longer host a major international summit meeting, during which the deal was due.
The Asia-Pacific Economic Cooperation was scheduled for Nov. 16 to 17 in Chile’s Santiago. The sudden cancellation could deny a meeting between the two countries’ leaders discuss the interim agreement to conclude a 16-month-long trade war.