. | . |
Trump to discuss trade war with Xi at G20 summit by Staff Writers Washington (AFP) Nov 13, 2018 US President Donald Trump and Chinese President Xi Jinping will discuss trade on the sidelines of a Group of 20 summit in Argentina this month, a senior US official said Tuesday. Top White House economic aide Larry Kudlow said the high-level efforts continue to resolve the US-China trade war, and follow Trump's recent telephone call with Xi. "Right now we're having communications at all levels of US and Chinese government," Kudlow told CNBC. "We now know that we will in fact discuss trade at the G20 meeting in Argentina. We didn't know that before but that's a certainty." Trump is due to arrive in Buenos Aires on November 29 for the G20 summit, which will give him the opportunity for face-to-face meetings to ease the trade tensions. Major US corporations say they are raising prices and face higher costs due to the trade war, in which Washington has imposed steep import duties on more than $250 billion in Chinese goods. China hit back with tariffs on $110 billion in US goods. Duty rates on a $200 billion in imports are due to rise to 25 percent from the current 10 percent, and Trump also is threatening to impose tariffs on another $267 billion of additional Chinese goods.
China-backed trade deal centre stage at summit as US retreats Singapore (AFP) Nov 11, 2018 World leaders will push for the rapid completion of a massive, China-backed trade deal that excludes the US at a summit this week, in a rebuke to rising protectionism and Donald Trump's "America First" agenda. China, Japan, India and other Asia-Pacific countries could announce a broad agreement on the Regional Comprehensive Economic Partnership (RCEP), which covers half the world's population, on the sidelines of the annual gathering. Not only is the US absent from the deal, but Trump is skippin ... read more
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |