JAKARTA (TheInsiderStories) – Sixteen days away to trade truce-end, United States’ President Donald Trump wants to meet China President Xi Jinping sooner. It creates an optimism as negotiators from the world’ two-biggest economies start their latest round of talks this week.
“He wants to meet with President Xi very soon,” said White House adviser Kellyanne Conway on Fox News, adding that it absolutely looked like both sides were closing in on a deal to end the trade war.
According to South China Morning Post, Beijing suggested Trump and Xi next meeting will take place in Hainan next month. Chinese officials proposed the meeting on the southern island around the time of the annual Boao Forum for Asia, which runs from March 26-29. But the proposal was preliminary and US had yet to respond to the idea.
According Conway, its also possible the leaders may get together in March at Trump’ Mar-a-Lago resort in Florida. Previously, the two leaders first met there in April 2017.
This week, US-China negotiators are meeting in Beijing. Mid-level officials began discussions on Monday (02/11), in preparation for two days of talks starting Thursday involving US Trade Representative Robert Lighthizer, US Treasury Secretary Steven Mnuchin, and China Vice Premier Liu He.
US and China will have another round talk, as an attempt to end the trade war. Chinese Vice Premier Liu He just arrived in Washington, and will meet US Trade Representative Robert Lighthizer. The discussion will be held for two days, starting tomorrow.
The trade talk will focus on how many American soybeans China buys to the subsidies Beijing gives its state-owned companies. If the discussion failed, President Donald Trump threatened to raise tariff on US$200 billion of Chinese imports from 10 percent to 25 percent, as US-China’ 90 days trade truce will end on March 1.
Even Lighthizer and Liu reach an agreement this week, its probably take time the two presidents, Trump and Chinese President Xi Jinping to decide. For the best-case scenario, China will offer on economic reforms that’s more ambitious than expected. But for the worst-case scenario, there’ll be no statement at the conclusion of talks.
Both economic superpowers trade wars has given dark clouds on global economy. So the world holds high expectation on the US-China trade peace.
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