Trump Wants to Meet With Xi ‘Very Soon’ Over Trade War, Adviser Says

 

• The Trump administration said the U.S. president still wants to meet China’s Xi Jinping in an effort to end the trade war, a sign of optimism as negotiators from the world’s two-biggest economies start their latest round of talks this week.

 

• Negotiators from the two countries are meeting this week in Beijing, with U.S. officials pressing China to commit to deeper reforms to a state-driven economic model that they say hurts American companies.

 

• Uncertainty, whether the leaders will meet to finalize an agreement, has stoked concerns that negotiations are faltering as the March 1 deadline approaches. If there’s no deal by then, President Donald Trump has threatened to more than double the rate of tariffs on $200Bn in Chinese imports.

 

(Source: Bloomberg)