$300 billion tariff threat looming over G-20 meeting between Trump and Xi

Canada News News

$300 billion tariff threat looming over G-20 meeting between Trump and Xi
Canada Latest News,Canada Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Presidents Donald Trump and Xi Jinping are scheduled to meet Saturday, the second day of the two-day G-20 summit in Osaka, Japan.

President Trump's threat to impose punishing new tariffs on $300 billion in Chinese goods looms over a meeting scheduled this week between him and Chinese President Xi Jinping at the G-20 summit of world leaders.Both leaders stand to benefit from a deal that staves off new tariffs. But hardliners in Beijing and Washington are pressing for further isolation, fueled by concerns over the two global powers' rivalry in economic and military matters.

The two world leaders are scheduled to meet Saturday, the second day of the two-day summit in Osaka, Japan. Officials from both countries have been careful to manage expectations ahead of the summit, playing down the possibility of completing a trade deal. Some former diplomats worry that if Trump maintains the tariff threat he could scuttle a chance for a deal.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

14 Characters In Rom-Coms Who Were Actually Total A-Holes14 Characters In Rom-Coms Who Were Actually Total A-Holes14 Rom-Com Characters Who We Thought Were Great But Are Actually Awful
Read more »

Trump and Xi to meet as trade war damage growsTrump and Xi to meet as trade war damage growsTrump and Xi to meet as both leaders face mounting pressure to soften tensions
Read more »

More Australians trust Xi Jinping than TrumpMore Australians trust Xi Jinping than TrumpAustralians' trust in China has hit a 15-year record low despite the two countries' growing demographic and economic ties, a new report finds. But more Australians still trust Chinese President Xi Jinping than US President Trump.
Read more »

Hopes for Resolving U.S.-China Trade Fight Hinge on Trump and XiHopes for Resolving U.S.-China Trade Fight Hinge on Trump and XiTrump and Xi will seek to revive troubled U.S.-China trade talks in Japan this week. “You’re going to need a magician of greater skill than Houdini to resolve these challenges over a long time, yet alone over a few hours in Osaka.”
Read more »

Stocks in Asia set to decline as investors await Trump-Xi meetingStocks in Asia set to decline as investors await Trump-Xi meetingStocks in Asia were poised to see opening declines on Tuesday. Meanwhile, investors await a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the week.
Read more »

Stocks close little changed with the June rally on hold ahead of US-China trade talksStocks close little changed with the June rally on hold ahead of US-China trade talksStocks held steady today as investors await the key meeting between President Trump and Chinese President Xi at this week’s G20 summit. The Dow gained just 8.41 points, and the S&P slid less than 1% at the close.
Read more »



Render Time: 2025-03-06 18:48:05