China says it hopes to reach phased trade pact with US as soon as possible

“The final goal of both sides’ negotiations is to end the trade war and cancel all additional tariffs,” Gao said. “This would benefit China, the US and the whole world. We hope that both sides will continue to work together, advance negotiations, and reach a phased agreement as soon as possible.” Chinese premier Li Keqiang said both China and the United States need to resolve the issues through dialogue. He made the comments on Thursday when he met delegates led by Evan Greenberg, chairman of the US-China Business Council.