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Meetings of Trump and Xi at G-20 summit planned

On the sidelines of the G20 summit in Japan next month, US President Donald Trump and his Chinese colleague Xi Jinping could lead to direct talks on the trade dispute between the two countries. The chances are that Trump and Xi in Osaka on 28. and 29. June, personally, entertain, be "likely to be quite large," said Trumps economic adviser Larry Kudlow on Sunday in the channel Fox News.

one other Manifestation of Kudlow surprise triggered in the Republican camp – he admitted that the duties would affect both sides. "Well. In fact, both sides are numbers," he said in the TV Interview. Specifically, he acknowledged that businesses and consumers in the United States would have to pay the customs duties in the end.

Trump then presented and defended the duties in several of the entries on Twitter. "We are with China right where we want to be," assured the President. The United States would take this which is in the billions, he added. In fact, studies show that the duties mainly in US meeting citizen: companies importing Chinese Goods, to pass on the additional costs, at least partially, to their customers.

United States is asking for clearer statements

With a view to on Friday inconclusively ended two days of negotiations in Washington, Kudlow said the U.S. government does not see that China is "far enough" moves. Washington's call for clearer statements of Beijing, and will receive until then, the punitive tariffs on Chinese imports into the USA in an upright position. A "back out" of China was not acceptable.

A schedule for possible further rounds of negotiations between representatives of Washington and Beijing, it will not give, said Kudlow. There is no "specific or definite" plans. China had been the US Minister of Finance, Steven Mnuchin, and the US trade Robert Lighthizer envoy to Beijing are invited.

On Saturday, Trump China had threatened a trade agreement with the United States would be "much worse", when will is in his second term. China had felt in the recent negotiations probably "so hard" that it would rather wait for the US presidential election in the coming year, and an election winner from the number of Democrats hope. "In the case, you could rip off continues to be the US each year to 500 billion dollars", - stated the President. He knew, however, that he will win the election.

against the side of punitive tariffs

The two largest economies in the world, been stalling for more than a year of each other with punitive tariffs. In the night of Friday, a inch increase from ten to 25 percent for Chinese Goods to the value of 200 billion dollars was in force. The trade conflict impacted the financial centers of the world, and stoking fears of a global economic downturn.

While trump is the supporter of him as a crafty negotiator can see, there is among Republicans, who warn of the risks of tariff increases. Many farmers, including Trump-voters, feel according to their own statements already, the consequences of the trade dispute between the United States and China. (nag/sda)

Created: 13.05.2019, 07:10 PM

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