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.

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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".

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