Published: Fri, November 30, 2018
Global Media | By Garry Long

Trump Coy on China Trade Deal Before Meeting Xi

Trump Coy on China Trade Deal Before Meeting Xi

I just wanted to make sure, as did other MP's and Senators, is that what's happening here is also happening to the United States", says Rota."The tariffs are affecting not only Canadian companies, they're affecting American companies, and we heard that from members of Congress as well as the senators.

Wendy Cutler, a former USA trade negotiator now at the Asia Society institute in the United States, said the best to expect at the G20 would be a "ceasefire" as both sides agree to go back to talks.

Asked if China was seeking to prevent more US tariffs at the high-stakes meeting, the ministry's spokesman, Gao Feng, said economic teams from both sides were in contact to implement a "consensus" reached by Trump and Xi in a phone call this month.

China, for its part, is hoping for "positive results" in resolving its trade dispute with the United States, the commerce ministry said yesterday. Two days after GM's announcement, the U.S. Trade Representative Robert Lighthizer released a statement saying he would "examine all available tools to equalize the tariffs applied to automobiles" between the U.S. and China at the president's direction.

Modi will also meet the presidents of China and Russia - Xi Jinping and Vladimir Putin - as well in a meeting of the Russia-India-China grouping, people familiar with the matter said late Thursday.

The Federal Reserve, likewise, has been warning about the impact of a trade war for months.

"An agreement that simply results in the purchase of more U.S. products from China, or promises vague commitments with unclear timelines, will only serve to kick the can down the road, and would further harm the state of the relationship for years to come", he commented.

"We are in a position to deal with it and handle it very well", he said.

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He said Trump "gets along" with Putin, as he does with the leaders of a number of the G20 countries.

It is likely to be to the fore of the meeting of European leaders called by Macron, along with demands to resist the trade protectionism now stalking the world economy 10 years after the first G20 summit was held in the throes of financial crisis.

G20 sources said agreement about the communique in Buenos Aires was hitting trouble on climate change.

Angered by rampant inflation and soaring unemployment, an alliance of Argentine activist groups and trade unions plans a major protest in central Buenos Aires on Friday, November 30, the summit's first day.

"China will make efforts to further open its door to the outside world", Xi told the Spanish Senate.

Britain's "Brexit" separation from the European Union is another threat to global growth, International Monetary Fund chief Christine Lagarde said.

In the here and now, May will use the G20 to sell Britain's post-Brexit trading future outside the EU.

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As they did this week, they also said yes back then, without any indication in the news since then that they'd actually done so. She cites another report from the UK Gambling Commission "finding that 30% of children have used loot boxes in video games".

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