Xi's visit to further strengthen Argentina-China ties, says Argentine FM — Interview

Jeannie Matthews
November 30, 2018

Instead, Lighthizer's statement escalated the dispute further, saying: "China's aggressive, state-directed industrial policies are causing severe harm to U.S. workers and manufacturers". "That's why I think we should have more dialogue, not less.Even if it's unproductive at times, we want to stay in touch at high levels", said former U.S. Ambassador to China Winston Lord, in a recent interview with VOA.

This is an outcome the Chinese are hoping to avoid - or at least delay.

"Ensuring free, fair, and reciprocal trade and a system of fair economic competition" is among the priorities when Trump meets with Xi on the sidelines of G-20, said State Department spokesperson Heather Nauert.

After heaping huge tariffs on Chinese goods, and threatening more to come in January, Trump said a ceasefire to the trade war was "very close" - but cast doubt on whether he even wanted one.

Trump has slapped punishing tariffs on more than $250 billion in Chinese imports so far this year, demanding that Beijing end allegedly unfair trade practices and reverse industrial policies criticized by other major economies.

Trump now has an ally on that issue in Brazil's incoming, far-right president Jair Bolsonaro, their skepticism defying scientists' increasingly urgent warnings that the planetary threat is real and needs policy redress now.

Trump says: "I don't like that aggression". But his remarks regarding Beijing haven't always been so positive.

PM Modi will also meet UN Secretary General Antonio Guterres, Argentinian President Mauricio Macri, Chilean President Sebastian Pinera, along with the prime ministers of Spain, Jamaica, the Netherlands and the president of the European Union and the European Council.

"The next catalyst will be the G20 meeting between Trump and Xi; we believe risk assets will tactically trade in the green following a tariff cease-fire", Eleanor Creagh, a strategist at Saxo Capital Markets in Sydney, told Bloomberg. In 2011, Trump claimed "China is raping this country" during a tour of a defense manufacturer in New Hampshire, local media reported.

Storm Diana weather warning for Cumbria extended
A storm will continue to batter the Portsmouth area with heavy winds and rain. . But winds will ease from the south through the period until 2pm on Wednesday.

Catastrophic Northern California fire is finally contained
Now that the rains have subsided, crews will assess the areas where the fire is still burning. Officials used drone footage to help residents see if their homes survived.

Why Priyanka Chopra chose India as wedding venue over the West
While Priyanka was in the capital shooting for her film until a few days back, fiancé Nick Jonas landed in India last week. Joe also shared a photo of a tropical drink on Instagram Story , as well, with his location tagged as Mumbai .

No deal. It's possible China won't come offering something Trump is willing to accept, or the dinner otherwise goes south. Not North Korea, Korea. USA imports of new passenger vehicles and parts were worth more than $340 billion past year. He told The Wall Street Journal it was "highly unlikely" he would refrain from lifting the levy rates to 25 percent. "Any disruption of trade - be it between China and the US, or Europe and the USA or Japan, you name it - is going to lead to inflation".

Trump and Xi have a good rapport, but it's not clear that will be almost enough to resolve the escalating trade tensions. "I beat the people from China". We give state dinners to the heads of China.

"We need them to agree a constructive way forward on global trade".

Automakers, dealers and suppliers have come out against any new tariffs, arguing that they would hurt even US -based companies and the U.S.'s global competitiveness. "Just take them to McDonald's and go back to the negotiating table, '" Trump said at a 2015 rally.

The key representatives in the Chinese delegation remain unknown. I've made a lot of money with the Chinese. "And I would expect that to be the case again", said Matthew Goodman, who oversaw Asia-Pacific economic issues for the Obama White House. In 2012, he tackled the subject of climate change by accusing Beijing of fabricating the idea to hurt United States economic interests.

"We are in a position to deal with it and handle it very well", he said.

G20 leaders, whose countries account for four-fifths of the world's economic output, first met in November 2008 to forge a united front against the global financial crisis.

"The last summits have been somewhat disappointing and marked by contention, particularly over trade-related issues".

"Everyone knows that at the end of a trade war - which can not go on forever - there are only losers".

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