NEWS Trump says he will sign ‘phase one’ China trade deal on Jan. 15 at the White House

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Trump says he will sign ‘phase one’ China trade deal on Jan. 15 at the White House

From CNBC
https://www.cnbc.com/2019/12/31/trump-says-he-will-sign-phase-one-china-trade-deal-jan-15-at-the-white-house.html

KEY POINTS
President Donald Trump says he will sign the “phase one” trade deal with China at the White House on Jan. 15.
The president says he will travel to Beijing “at a later date” to start talks toward a second part of the trade agreement.

President Donald Trump plans to sign the “phase one” trade deal with China at the White House on Jan. 15.

In a tweet Tuesday morning, the president said “high level representatives of China” will attend the signing. Trump added that he will travel to Beijing “at a later date” to start talks toward a second piece of the trade pact.

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tweet
n.  (小鸟的) 唧啾，吱喳;

The White House did not immediately respond to a request to comment on which top Chinese officials will be present at the signing. Reports this week indicated Chinese Vice Premier Liu He, Beijing’s top trade negotiator, could sign the agreement.

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indicated
v.  表明; 显示; 象征; 暗示; 间接提及; 示意;
[词典]    indicate的过去分词和过去式;

The world’s two largest economies reached a partial trade deal earlier this month as they try to de-escalate a simmering trade war. Under the pact, Washington agreed to cancel some new tariffs and reduce rates for other duties, and China said it would buy more U.S. agricultural products. It also includes changes related to intellectual property and technology.

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de-escalate
v.  （使） 逐步降级;
simmering
v.  用文火炖; 煨; 充满(难以控制的感情，尤指愤怒); 即将爆发; 酝酿;
[词典]    simmer的现在分词;
pact
n.  条约; 协议; 公约;

The two sides have worked in recent weeks to hash out the agreement’s language.

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hash out
vt. 具体讨论;

Trump sees striking a broad trade agreement and cracking down on Chinese trade abuses as a priority ahead of his 2020 reelection bid. The tariff battle between the U.S. and China has worried investors, who fear it will drag on economic growth.

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crack down on
[词典]    处罚，制裁;
reelection
网络  连任; 再选; 再次竞选; 改选; 重选;
bid
v.  出(价); (尤指拍卖中) 喊价; 投标; 努力争取; 企图获得;
n.  买方的出价; 投标; 努力争取;
v.  向(某人)问候、道别等; 告诉(某人做某事); 吩咐;
drag on
[词典]    不必要地拖延; 拖得过久;

Earlier Tuesday, Trump trade advisor Peter Navarro — who has called for tougher measures to crack down on China than many in the White House — told CNBC that the deal has “great stuff in it.” He pointed to provisions related to intellectual property theft and access to financial markets.

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tougher
adv.    强硬地; 顽强地;
adj.    艰苦的; 艰难的; 棘手的; 严厉的; 强硬的; 无情的; 坚强的; 健壮的; 能吃苦耐劳的; 坚韧不拔的;
[词典]    tough的比较级;

Trump, who once suggested he would prefer to wait until after the 2020 election to strike a trade deal with China, is now pushing to move forward with a second phase.

Under the first piece of the agreement, the U.S. canceled tariffs that were set to take effect earlier this month. The White House will leave 25% duties on $250 billion in Chinese goods in place, and cut existing tariffs on another $120 billion in products to 7.5%.