Respective officials of the United States and China will begin trade talks prior to the meeting of US President and Chinese President at G20 summit.
President Donald Trump tweeted that he has had a nice conversation with President Xi Jinping on the telephone. He further informed that representatives of both countries will begin trade talks before their meeting during G20 in Japan next week. Both presidents will further extend the trade talks in the G20 summit. China’s President Xi Jinping has disclosed that he is ready to meet his US counterpart in Japan.
While speaking to media in White House Mr. Trump said that he knows China is interested to make a deal as they don’t want tariffs. US-China’s trade war extended over the past year which has deeply affected the World’s economy and hit hard financial market. Tariffs hikes have further mounted tensions between the two countries in May.
Mr. Trump blamed Beijing of reneging from the agreement and levied $200bn tariffs on Chinese imports. China hit back on the US by implementing tariffs on US products. The United States has further warned of levying more tariffs of $300bn if both countries failed to reach on an agreement. Industries and financial sectors have requested Mr. Trump and US trade department to end the trade war as more tariffs will bring worse effects on their business.
Read More: World News
Copyright © 2019 Ghanalive.TV. All Rights Reserved.