Bangkok, Nov 5 (TIWN) US Commerce Secretary Wilbur Ross on Tuesday said he was "optimistic" of a phase one deal in trade negotiations with China to calm global jitters over the ongoing dispute between Washington and Beijing.

Commerce Secretary Wilbur Ross expressed optimism the U.S. would reach a “Phase One” trade deal with China this month and said licenses would be coming “very shortly” for American companies to sell components to Huawei Technologies Co.  President Donald Trump on Sunday told reporters at the White House that a trade agreement, if one is completed, would be signed somewhere in the U.S. “First of all I want to get the deal,” he said after returning for a trip to New York City. “The meeting place, to me, is going to be very easy.”