U.S., China Aim for Early-May Announcement on Trade Deal

• Senior U.S. and Chinese officials are scheduling more face-to-face trade talks in an effort to reach a deal by early-May that President Donald Trump and his Chinese counterpart Xi Jinping could sign later that month, two people familiar with the plans said.
• In an indication the Trump administration is making concessions needed to reach a deal, Mnuchin said that the pact will have “real enforcement on both sides.” That would mean the U.S. -- not just China -- could be hit with penalties if it fails to live up to its commitments.
• Bloomberg News reported Monday that China is considering a U.S. request to shift some of its retaliatory tariffs from key agricultural products to other American exports.

(Source: Bloomberg)