Trump to meet China's Xi to try to seal trade deal, progress reported - News Summed Up

Trump to meet China's Xi to try to seal trade deal, progress reported


No specific plans for a meeting with Xi were announced, but Trump said there could be more than one. Asked whether the two sides discussed lifting US tariffs on Chinese goods, Lighthizer said they were not part of the talks. But Trump has vetoed multiple proposed trade deals with China, choosing to push ahead with tariffs on Chinese goods to gain leverage. “Analysts mostly remain deeply skeptical that a genuine trade deal can be done on this time frame,” economists from Commonwealth Bank of Australia said in a note. The US tariffs on Chinese goods are just one front in Trump’s efforts to upend the global trading order with his “America First” strategy.


Source: bd News24 February 01, 2019 09:00 UTC



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