Saturday, June 29, 2019

U.S. And China Agree To A Trade Truce



Daily Mail: Trump says his meeting with Xi Jinping went 'better than expected', insists he won't be imposing tariffs on China 'for the time being' and reveals Kim Jong-un responded 'very favorably' to his offer of a DMZ meeting as G20 summit ends

* President Trump held a news conference in Osaka at the end of the G20
* He heads to Seoul where he will visit the DMZ on Sunday
* On Saturday he announced the resumption of trade talks with China
* He had threatened to impose another $300 billion in tariffs
* Said he won't be imposing any tariffs 'for the time being'
* He was under fire for smiling while telling Putin not to interfere in U.S. elections
* He said Saturday he did raise the issue, telling the press to look at his words
* He also says he raised it in private
* Trump said he may go to Russia to celebrate anniversary of defeat of Nazi Germany
* He also said he raised the issue of the Khashogi murder with Mohammed bin Salman
* China's Xinhua state-run news agency reported the U.S. would hold off on threatened tariffs

President Donald Trump says he told Chinese President Xi Jinping he won't impose any more tariffs 'for the time being' after their one-on-one talk in Osaka on Saturday.

'We're not doing that. We're going to work with China on where we left off to see if we can make a deal,' the president told reporters at the top of a press conference in Osaka, Japan.

'We will be continuing to negotiate and I promised that for at least the time being we're not going to be [adding] tariffs,' Trump said.

He spoke after declaring talks with China 'back on track' following a one-on-one with the Chinese president, who urged cooperation instead of confrontation.

Read more ....

More News On The Completion Of Talks Between Presidents Trump And Xi

Trump-Xi meeting at G-20 'went better than expected,' US president says -- FOX News
Trump says China trade talks 'back on track,' new tariffs on hold -- Reuters
Truce in US-China trade war as 2 rivals seek breakthrough -- AP
Trump says he agreed with Xi to hold off on new tariffs and to let Huawei buy US products -- CNBC
US, China Leaders Agree to Resume Trade Talks -- VOA
G20 wraps up as China and USA agree trade war truce -- France 24
Trump open to 'historic' trade deal with China -- DW
Donald Trump and Xi Jinping extend olive branch at the G20 summit's sidelines -- ABC News Online
Trump says US firms can sell to Huawei -- Business Insider

8 comments:

Anonymous said...

Trump tries to persuade supporters that no deal on China is a win

Anonymous said...

The first post looks like another Fred bashing conservatives/Republicans/Trump post.

Trump has already won.

Some jobs will come back to the US improving the trade balance.

Other jobs will move to Vietnam or India depriving the warmonger Xi of revenue. Business men away that the tariff thing might happen again, or moving their supply chain. Not all of them but a significant portion.

It makes sense to have a cease fire at this time, but the war is not over.

Arthur Itis said...

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Anonymous said...

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Another underhanded tactic by a bird.

Anonymous said...

Thank you Anon 5:07. Helpful!

Roger Smith said...

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Bob Huntley said...

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