President Donald Trump speaks to reporters in Washington, December 7, 2019.
Erin Scott | Reuters
President Donald Trump said Thursday that the U.S. has moved close to a trade agreement with China after several false starts and near misses.
"Getting VERY close to a BIG DEAL with China. They want it, and so do we!" the president tweeted.
Trump's acknowledgement that the U.S. seeks a deal marks a shift in tone from recent weeks. He has repeatedly contended Beijing needs an agreement more than Washington does, and suggested he was content waiting until after the 2020 election to strike a deal.
Trump's optimism about a deal comes ahead of an expected Thursday meeting with his top economic advisors on whether to delay the administration's next round of tariffs on China. Duties of 15% on about $160 billion in goods are set to take effect on Sunday.
This is breaking news. Please check back for updates.