The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase one trade deal, Jenny Leonard and Shuping Niu of Bloomberg report, citing people familiar with the talks. The people said that President Donald Trump’s comments yesterday downplaying the urgency of a deal shouldn’t be understood to mean the talks were stalling, as he was speaking off the cuff, Leonard and Niu add. Further, U.S. legislation seeking to sanction Chinese officials over human-rights issues in Hong Kong and Xinjiang are unlikely to impact the talks, one person familiar with Beijing’s thinking told Bloomberg. U.S. negotiators expect a phase-one deal with China to be completed before American tariffs are set to rise on December 15, the sources added.