Trump Hints China Trade Moves for Argentina G20 After Xi Call The trade chill between President Donald Trump and Chinaâs President Xi Jinp...
The trade chill between President Donald Trump and Chinaâs President Xi Jinping may be thawing as Trump talked to, and scheduled meetings with, Xi for this monthâs G20 meetings in Argentina.
Trump revealed Thursday that he had spoken with Xi on several subjects, but focused on trade. âJust had a long and very good conversation with President Xi Jinping of China. We talked about many subjects, with a heavy emphasis on Trade,â said Trump. âThose discussions are moving along nicely with meetings being scheduled at the G-20 in Argentina. Also had good discussion on North Korea!â
Trump told Breitbart News during mid-October remarks from the South Lawn that the Chinese economy was not well, they have taken too much money from the U.S., and were not ready to negotiate trade with the U.S. âChina wants to make a deal. China would love to make a deal,â Trump told Breitbart at the time. âI donât think theyâre ready yet.â
âWhat theyâve done to our country is take out anywhere from $300 billion to $500 billion a year. Rebuilt China,â Trump told Breitbart at the time. He said China wanted to make a deal, adding, âThey are not doing well. If you look at their economy, the Chinese economy is not doing well. And weâre doing very well. Weâre doing better than weâve ever done.â
Trump said that in early October China wanted to come in and make a deal, but he told them they werenât ready.
President Trump has made very clear to China that they must change their âunfairâ trade practices including theft of U.S. intellectual property. He has also emphasized the need to reduce the U.S. trade deficit with China.
G20 leaders will gather in Argentina for a summit near the end of November. Treasury Secretary Steve Mnuchin participated in G20 meetings last July in Argentina. Mnuchin has led delegations in trade meetings with China. Those meetings have stalled on and off and have yet to lead to a deal. Trumpâs Thursday tweet was an indication that the U.S. and China may be headed to renewed momentum in trade talks between two of the worldâs major economic players.
Michelle Moons is a White House Correspondent for Breitbart News â" follow on Twitter @MichelleDiana and Facebook
Source: Google News Argentina | Netizen 24 Argentina
No comments