President Donald Trump said last week he would meet with Chinese President Xi Jinping next month. The announcement comes as the trade war between the two largest economies in the world grew even more intense.
Reuters says China has already announced it would retaliate on a host of American goods, ranging from frozen vegetables to citrus fruits to natural gas. That move followed the Administration’s decision to hike tariffs on $200 billion in Chinese imports.
Reuters says Trump mentioned this week that he would talk to Xi at a G-20 summit in late June. “Maybe something will happen,” he said during remarks at the White House. “We’re going to be having a meeting, as you know, at the G-20 in Japan and that’ll be, I think, probably a very fruitful meeting.”
Speaking later at a White House dinner, Trump said it’ll be clear in three or four weeks if a U.S. trade delegation’s trip to Beijing two weeks ago was successful.
China’s top diplomat says talks aren’t supposed to be a “one-way street” and need to be conducted on the basis of equality.
Source: National Association of Farm Broadcasters