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Trade war

US and China will reach trade deal soon, Trump tells Foxconn's Gou

President asks iPhone assembler to continue Wisconsin investment and offers help

U.S. President Donald Trump joins Foxconn Technology Group Chairman Terry Gou during a ground-breaking ceremony at the company's site in Mount Pleasant, Wisconsin, in June 2018.   © Reuters

TAIPEI -- The lingering trade negotiations between Washington and Beijing are likely to lead to an agreement soon, Foxconn Technology Group Chairman Terry Gou said on Saturday, citing his conversation with U.S. President Donald Trump a day earlier.

"U.S. President Trump shared with me yesterday on the phone that the negotiation progress between China and the U.S. is going well and it is likely that they will come up with an agreement soon," Gou said in opening remarks at Foxconn's annual carnival for employees in Taipei.

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