Trade negotiations with China back on track after talks with Xi Jinping: Trump

@APUnited States President Donald Trump said trade negotiations with China were “back on track” after talks with his counterpart Xi Jinping earlier today. The US has reportedly agreed to hold off on new tariffs. 

The crunch talks on the trade war between the world’s top two economies came on the sidelines of a meeting of the G20 in Japan. Trump called the talks “excellent” without confirming any details of any agreement.  

Chinese state media said Washington had committed not to impose any new tariffs on Beijing’s exports. The two sides had also reportedly agreed to restart trade and economic talks. Trump has struck a conciliatory tone since his arrival for the G20 summit, and appeared keen to reach an agreement. 

He said he was ready for a “historic” deal with China and Xi told him that “dialogue” was better than confrontation. There were no immediate details about the leaders’ discussions, including on other contentious issues including Chinese telecoms firm Huawei and climate change.

The Hindu

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