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KOMO

Automatic TRANSCRIPT

Wall Street has been booming as the year draws to a close thanks in part to talk about the signing of an impending phase one trade deal with China but Steve caster bound reports it's still not clear when that might happen just two days ago president trump made it sound like he would be signing a phase one trade deal with his Chinese counterpart very soon smaller server we we will be having won the signing signing ceremony ceremony he he told told reporters reporters that that the the deal deal was was done done and and that that it it just just need need to to be be translated translated but but that that it it was was coming coming yesterday yesterday a a spokesman spokesman for for China's China's foreign foreign ministry ministry was was sounding sounding less certain he was light on details in response to a question about an impending signing ceremony the spokesman said that the Chinese and U. S. heads of state held a telephone call last week during which they talked about the fees one tree deal he said the two negotiating teams are in close communications regarding the follow up matters including the signing of the deal would still not clear when it will happen meanwhile there's been some improvement in trade between the US and China after both nations backed off of some terrorists the importing of terror free soy beans from the U. S. resumed in China China brought in two point five six million tons of US soybeans in December up from zero a year ago at this time it's a jump of more than one million tons in October that's a big boost for U. S. farmers were being hit hard by the trade war