Chinese officials have confirmed the meeting between President Xi Jinping and US President Donald Trump in Osaka, Japan, during the G20 summit next week. This meeting will hopefully play a vital role to resolve ongoing trade tensions between the two countries.
China hopes that the US will create the “necessary conditions and atmosphere” for evenhanded dialogue, ministry spokesman Gao Feng said. The US should listen to its industries, call off its “wrong practices” and solve problems through consultation and cooperation, he said. Earlier, President Xi Jinping and US President Donald Trump had spoke by telephone and agreed to meet at the G20 summit next week.
Feng said, “We hope that the US will put an early end to the wrong practices and avoid further losses to businesses and consumers on both sides, especially with a recessionary impact on the world economy,” he said.
Global markets are concerned about Trump´s threat to impose more steep tariffs on an additional $300 billion in Chinese imports, which could hurt the already slowing Chinese economy and spread the gloom worldwide. Trump last week threatened to “immediately” jack up tariffs should Xi fail to show at the meeting. The United States already has 25 percent duties on more than $250 billion of imports from China.
Your email address will not be published. Required fields are marked *
19 July, 2019