U.S., China agree on framework for trade deal, both nations say

The U.S. and China have agreed on the framework for a trade deal, both nations say.

President Trump said at a White House event Thursday that Washington and Beijing had signed an agreement on trade, adding that he expects to have a deal with India soon. But Beijing and the White House later referred to the development as an agreement on the framework for a deal.

Commerce Secretary Howard Lutnick told Bloomberg TV the deal was signed earlier this week. Neither Lutnick nor Mr. Trump provided any details about the accord.