"Trump, ever the deal-maker, has been teasing that the meeting will be a breakthrough. (SOUNDBITE OF ARCHIVED RECORDING) PRESIDENT DONALD TRUMP: So I think we're going to end up having a fantastic deal with China. It's going to be a great trade deal. It's going to be fantastic for both countries, and it's going to be fantastic for the entire world."
"SHIVARAM: But experts say they aren't expecting the meeting to move the needle on U.S.-China trade relations. Dennis Wilder is a former intelligence official who's worked for both Democratic and Republican presidents. He now teaches at Georgetown University. DENNIS WILDER: This will be a chance to air their grievances with each other, to make some tactical shifts, to reassure markets, to reassure the world that we're not going to the precipit (ph), but we're not ready for true de-escalation yet."
President Trump will meet Chinese President Xi Jinping in Korea during an Asia trip that included Malaysia and Japan, with the meeting timed around the APEC summit. The meeting will be the first face-to-face encounter between Trump and Xi in six years. Agenda items include Russia's war in Ukraine, possible discussion of Taiwan, and most prominently the escalating U.S.-China trade war. Trump projects optimism about achieving a breakthrough and a mutually beneficial trade deal. Analysts expect limited progress on de-escalation but anticipate airing grievances, tactical shifts to reassure markets, and discussions of China’s recent rare-earth export restrictions.
Read at www.npr.org
Unable to calculate read time
Collection
[
|
...
]