Trump speaks by phone with China's Xi on trade

Roman Schwartz
November 3, 2018

As reported by our site with reference to Voice of America, this statement was made by the President during a conference at the White house.

"I know they want to make a deal", Trump said. Trump has also threatened to extend the tariffs to all Chinese imports if the meeting in Argentina fails to produce "a good deal".

"We're getting much closer to doing something". At a campaign rally in Columbia, Missouri, on Thursday night he said, "They want to make a deal".

Xi told Chinese state media on Thursday that he was willing to meet Trump at the summit and hoped to promote a steady relationship.

The comments follow on from months of tit-for-tat actions taken both by Washington and Beijing, which has amounted to billions of pounds' worth of tariffs being imposed on exported goods. "There's no massive movement to deal with China", he said.

Trump's top economic adviser had said the two presidents were likely to meet at the end of this month at the conference for world leaders in Buenos Aires, however a firm commitment had not been made.

Later in the day, his economic adviser Larry Kudlow stoked optimism by telling reporters there may be a "thaw" between the United States and China on trade.

Mystery of Saudi sisters found tied together in Hudson River
Police said the sisters left their family home and were placed in a shelter after an earlier disappearance in December 2017. Did the sisters apply for asylum? Rotana was enrolled at George Mason University, in Fairfax, but left in the spring.

The pound dipped but held most of its gains after a report that British Prime Minister Theresa May had reached a post-Brexit deal with Brussels securing access to the European Union for Britain's key finance sector.

The president added that he would have a dinner with Xi at the G20 summit, wherein they would be discussing the issue.

The possible warming of relations comes after months of escalating tensions over trade that are threatening to spill into other areas of disagreement, including freedom of navigation in the South China Sea. "We talked about many subjects, with a heavy emphasis on Trade".

Trump has railed against the USA trade imbalance with China since his presidential campaign and his administration has grown increasingly vocal about calling out alleged corporate espionage and intellectual property theft by Chinese entities. "I don't think they're ready yet".

Fujian Jinhua Integrated Circuit and Taiwan's United Microelectronics were indicted along with three individuals, the USA justice department said.

A Chinese state-owned company was charged on Thursday with stealing technology from USA chipmaker Micron Technology Inc., part of a Justice Department crackdown against China in cases of suspected economic espionage.

Other reports by

Discuss This Article