Source: POLITICO'S MORNING AGRICULTURE, 10/28/19

The U.S. and China each released statements claiming that they're close to finalizing portions of the limited trade agreement that Trump and Chinese President Xi Jinping are aiming to sign in November, reports Pro Trade's Adam Behsudi.

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He on Friday. According to USTR, the three officials "made headway on specific issues and the two sides are close to finalizing some sections of the agreement." Deputy-level discussions will continue with another high-level call expected "in the near future."

Chinese state media had more details about what provisions have been finalized, our partners at the South China Morning Post report. The two sides have reached consensus on U.S. imports of Chinese cooked poultry; a supervision system for catfish products; and lifting the Chinese ban on U.S. poultry, among other areas of agreement.

Target date: Officials hope to have the deal ready for Trump and Xi when the leaders meet at the Asia-Pacific Economic Cooperation summit on Nov. 16-17 in Chile.