WASHINGTON : US President Donald Trump and Chinese President Xi Jinping will talk about industry at the sidelines of a Group of 20 summits in Argentina this month, a senior US respectable mentioned Tuesday.
Top White House financial aide Larry Kudlow mentioned the high-level efforts proceed to resolve the US-China industry war and practice Trump's contemporary phone name with Xi.
"Right now we're having communications at all levels of the US and the Chinese government," Kudlow told CNBC.
"We now know that we will, in fact, discuss trade at the G20 meeting in Argentina. We didn't know that before but that's a certainty."
Trump is because of arrive in Buenos Aires on November 29 for the G20 summit, which will give him the chance for face-to-face meetings to ease the industry tensions.
Major US firms say they are elevating costs and face upper costs because of the industry war, by which Washington has imposed steep import tasks on greater than $250 billion in Chinese items. China hit back with price lists on $110 billion in US items.
Duty charges on a $200 billion in imports are because of upward thrust to 25 per cent from the present 10 per cent, and Trump also is threatening to impose price lists on every other $267 billion of additional Chinese items.
Top White House financial aide Larry Kudlow mentioned the high-level efforts proceed to resolve the US-China industry war and practice Trump's contemporary phone name with Xi.
"Right now we're having communications at all levels of the US and the Chinese government," Kudlow told CNBC.
"We now know that we will, in fact, discuss trade at the G20 meeting in Argentina. We didn't know that before but that's a certainty."
Trump is because of arrive in Buenos Aires on November 29 for the G20 summit, which will give him the chance for face-to-face meetings to ease the industry tensions.
Major US firms say they are elevating costs and face upper costs because of the industry war, by which Washington has imposed steep import tasks on greater than $250 billion in Chinese items. China hit back with price lists on $110 billion in US items.
Duty charges on a $200 billion in imports are because of upward thrust to 25 per cent from the present 10 per cent, and Trump also is threatening to impose price lists on every other $267 billion of additional Chinese items.
Trump to discuss trade war with Xi at G20 summit
![Trump to discuss trade war with Xi at G20 summit]()
Reviewed by Kailash
on
November 14, 2018
Rating:
