nearvideo trump touts ‘fantastic’ meeting with China’s Xi on trade
China’s foreign Ministry said in a statement on Sunday that Beijing is ready to work with the United States through “storms” in your relationship to the goal of global stability.
The statement from Ministry spokesman Lu Kang mentioned, the consensus agreement that US President trump and Chinese President Xi Jinping reached during the group of 20 summit in Argentina was reported earlier this month, Reuters.
On Saturday, Trump’s message, that “great progress” was made in the United States and China trade talks and a possible deal came together “very well, wrote in a Twitter.”
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“Just had a long and very good call with President Xi of China. The offer is very good. If made, it is very comprehensive and covers all the topics, areas, and points of dispute. Made great progress!” Trump wrote on Twitter.
At the invitation of President Xi expressed the hope that the two countries could progress in the direction of a more cooperative relationship, Reuters reported on Saturday.
The United States and China have in fact, in a tit-for-tat trade battle in the course of 2018. The countries – the world’s two largest economies – have struck down the tariffs on other goods, if Washington and Beijing agreed. Dec. To move 1 more hikes in an effort to negotiate a deal that satisfies both sides.
If a trade deal is reached, the United States is ready at 2. March to increase the rates to 200 billion dollars in Chinese goods to 25 per cent from 10 per cent reported potentially significant impact to U.S. industries such as electronics, furniture, and machines — that is, dependent on Chinese imports, the Wall Street Journal.
A fare increase could the economy stable, China’s potentially slowing global growth, the report said.
A US delegation of trade officials is expected to travel to Beijing at the beginning of January for negotiations with the Chinese. If those talks make progress, further negotiations will follow in Washington soon, the journal reported.
In the case of the G-20 meeting, Trump and Xi agreed to a 90-day truce on tariff hikes in the hope of a trade of business.
Fox News’ Matthew Kazin contributed to this story.