US, China close to reaching deal – WSJ

NEW YORK: The United States and China are close to reaching a major trade deal that would see both sides lower some of the tariffs imposed during an often-bitter trade war, a report said on Sunday (Monday in Manila).

A worker polishes an oil pipe at a factory in Qingdao in China's eastern Shandong province on February 28, 2019. China's manufacturing activity shrunk for a third straight month in February, sinking to its worst performance in three years as the economy slows and the US trade war bites, official data showed on February 28. China OUT / AFP / STR