Trump and Xi talks could end months of global economic chaos
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Trump and Xi talks could end months of global economic chaos
"Ahead of Thursday's long-awaited first meeting between Donald Trump and Xi Jinping since the US president's return to office, officials from both sides have been hammering out the contours of what a trade deal between Washington and Beijing might look like, an agreement that could bring an end to months of global economic chaos caused by the US-China trade war."
"Since then, the war in Ukraine and increasing concern in Washington about China's technological advances, as well as longstanding issues about the imbalanced US-China trade relationship, have strained the bonds between the two superpowers. Thursday's meeting, on the sidelines of the Asia Pacific Economic Cooperation summit in Seoul, is a chance to reset the relationship. On Wednesday, Trump struck an upbeat tone when speaking to reporters on Air Force One, saying:"
Donald Trump and Xi Jinping will meet for the first time since 2019 to negotiate a potential trade deal aimed at ending months of global economic disruption from the US-China trade war. Rising tensions since 2019 include the war in Ukraine, Washington's concerns about Chinese technological advances, and long-standing trade imbalances. Taiwan remains a sensitive point, with Beijing asserting it as a province and warning it may use force, while the US provides crucial support despite inconsistent signals from the president. Negotiations will also focus on rare-earth minerals where China controls critical supply chains vital for US industry.
Read at www.theguardian.com
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