Home Global News Trump and Xi Jinping hold Trade Talks in G 20 Summit

Trump and Xi Jinping hold Trade Talks in G 20 Summit

American President and his Chinese counterpart Xi Jinping met on the sidelines of the G20 summit to discuss the Trade tariffs levied between the two countries.
American President and his Chinese counterpart Xi Jinping met on the sidelines of the G20 summit to discuss the Trade tariffs levied between the two countries.

Friday was all about the talks regarding trade between the two leaders, Donald Trump and Xi Jinping.

The meet was of importance taking in regard to the rift on trade issues between the two countries. The meeting came, as a result of the endeavors of officials in Beijing, urging US to meet China and resolve the standoff. The two sides have levied a tariff on each other’s products worth billions of dollars.

China has often been seen seeking support from other countries, in defence of global trade agreements against Mr. Trump’s “America First” stance in meetings with world leaders.

While Trump has often found himself at odds with other world leaders regarding issues like trade, environment, and Iran.

The meeting between the two leaders was significant, keeping in regard the 11 rounds of meetings between the two countries being called off in May.

During the meeting, Trump told Xi “I actually think that we were very close and … that something happened where it slipped a little bit, and now we’re getting a little bit closer.”

Xi stated “Forty years on, an enormous change has taken place in the international situation and China-U.S. relations, but one basic fact remains unchanged. China and the United States both benefit from cooperation and lose in confrontation.”

He further added, “Cooperation and dialogue are better than friction and confrontation.”

The meeting ended with a positive note as Trump agreed not to impose any new tariffs on Chinese exports.

Also read: http://diplomacybeyond.com/pm-modi-in-g-20-summit-discusses-trade-and-technology-ties-with-pm-abe/

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