US and Chinese companies sign contracts worth $9bn during Trump visit

US and Chinese companies have signed business deals the two sides say are valued at $9bn during a visit by American leader Donald Trump, in a move aimed at blunting criticism of Beijing’s trade practices.

No details have been released over the 19 agreements signed today at a ceremony attended by US commerce secretary Wilbur Ross.

US President Donald Trump with Chinese President Xi Jinping

Such contract signings are a fixture of visits by foreign leaders to Beijing and often involve agreements the Chinese side saved for the event to showcase the country’s importance as a market.

Mr Trump has made narrowing the multibillion-dollar US trade deficit with China a priority for his administration. He is due to hold talks with Chinese president Xi Jinping later.


Related Articles

Pompeii discovery casts doubt on date of Vesuvius eruption

Providence eyes west coast drilling round next year

Simone Biles: It was very important to speak out and tell my story

Romanians vote on changing the definition of marriage

More in this Section

US confirms talks on trade deal with Britain to begin immediately after Brexit

Monitor shows Irish women more likely to start a business than most of their EU counterparts

Google to charge device makers a fee for access to key Android apps in the EU

Index shows weak growth in consumer spending prior to Budget


Breaking Stories

Cork Film Festival launches 2018 programme of 250 films

How to make Prue Leith’s ‘almost Thai’ fish cakes

Could this be the most spiritual retreat in Vietnam?

What’s it like to stay in Richard Branson’s favourite Balearic retreat?

More From The Irish Examiner