US President Donald Trump will have a trilateral meeting with Prime Minister Narendra Modi and Japanese Prime Minister Shinzo Abe on the sidelines of the G20 summit in Buenos Aires on November 30 and December 1, the White House said on Tuesday.
U.S. National Security Advisor John Bolton said Trump had no plans to meet Saudi Crown Prince Mohammed bin Salman, who is under fire for his believed role in the killing of Jamal Khashoggi.
Earlier this month, Xi and Trump discussed the US-China trade conflict during a phone conversation that Trump called "very good".
In recent months the United States and China have been engaged in rather heated negotiations regarding worldwide trade deals, and the U.S. has leveraged tariffs in an attempt to gain the upper hand.
In any case, unless a deal is suddenly reached, the United States plans to increase tariffs from 10 percent to 25 percent on some $200 billion worth of Chinese goods starting January 1. He also threatened an additional $267 billion with a tariff rate of either 10 percent or 25 percent.
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Trump campaigned on reducing the trade imbalance with China, which totaled $335.4 billion previous year. If no deal is reached during that meeting, he intends to impose tariffs of 10% to 20% on all remaining imported goods from China. He also complained during the campaign about China's asymmetrical trade warfare that has been estimated to cost the United States between $180 billion and $540 billion annually.
Official Chinese statistics are often inflated, but even those show a slowing of the economy. The president has repeatedly stated his simple solution: Make the iPhone in the United States. Since then, communications have picked up between the two sides, said Kudlow. "That includes women's economic empowerment".
Previously enacted tariffs are already seeping into prices for consumer products sold in the US - from handbags to food to bicycles - as the G-20 summit begins.
"Maybe I won't have the meeting".
The trade war had "harmed businesses, farmers, consumers, workers, and families worldwide", the statement said, appealing to Trump and Xi to "meet the challenge of global leadership".