Global  

Celebrating 10 Years of Trusted News Discovery
One News Page
> >

Low expectations, little prep for Trump-Xi talks

Video Credit: Reuters - Business (Amazon FireT - Duration: 01:54s - Published < > Embed
Low expectations, little prep for Trump-Xi talks

Low expectations, little prep for Trump-Xi talks

With under three weeks to go before proposed talks between the Chinese and U.S. leaders, expectations for progress toward ending the trade war are low and sources say there has been little preparation for a meeting even as the health of the world economy is at stake.

Yahaira Jacquez reports.

0
shares
ShareTweetSavePostSend
 

Low expectations, little prep for Trump-Xi talks

(SOUNDBITE) (ENGLISH) U.S. PRESIDENT DONALD TRUMP SAYING: China wants to make a deal very badly, it's me right now that's holding up the deal." With just three weeks to go before U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet at the G20 to discuss their raging trade war, expectations for cutting a deal are low.

And sources tell Reuters that there's been little preparation for a meeting even with the health of the global economy at stake.

(SOUNDBITE) (ENGLISH) U.S. PRESIDENT DONALD TRUMP SAYING: "Additional tariffs in China?

One way or another, I'll make that decision, after the G20." Those threats are on another $300 billion dollars worth of Chinese imports.

And come after the president already slapped China with 25% tariffs on $200 billion dollars worth of goods.

But while President Trump says he wants to meet Xi at the summit of world leaders in Osaka, neither side has confirmed that a meeting will take place.

And sources tell Reuters there's been a lack of prep work for the meeting, due to increasing acrimony.

Relations deteriorated after negotiations to end the trade dispute broke down in May and Trump accused Beijing of reneging on promises to meet a number of U.S. demands.

But for Trump - the lack of preparation for a big meeting is not that unusual.

(SOUNDBITE) (ENGLISH) U.S. PRESIDENT DONALD TRUMP SAYING: "I don't think I have to prepare very much.

It's about attitude, it's about willingness to get things done." Often attending important talks with little work in advance.

On the Chinese side - it's a different story.

One Asian diplomat told Reuters that "For China it's all about protocol" and it "will not want Xi go into a meeting where he may be embarrassed." Either way, investors will be watching their every move closely.

After seeing over a trillion dollars wiped from global markets in the past month by the trade fight.




You Might Like


Recent related videos from verified sources

With low expectations, UK Conservatives and Labour resume Brexit talks [Video]With low expectations, UK Conservatives and Labour resume Brexit talks

According to Reuters, Britain’s Conservative government and the opposition Labour Party resumed Brexit talks on Tuesday to try to find a way to break the deadlock in parliament over the country’s..

Credit: Wochit     Duration: 00:40Published

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2019 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? FeedbackSend us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest
One News® is a registered trademark of One News Page Ltd.