The United States hopes to re-launch trade talks with China after President Dona...
WASHINGTON - The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday but Washington will not accept any conditions on tariffs, a senior administration official said on Tuesday.
The remarks set up what could prove to be a tricky meeting between Trump and Xi, who will sit down together at the Group of 20 summit meeting in Osaka, the first time they have done so since trade talks between the world’s two largest economies broke down in May. Trump advisers have said no broad trade deal is expected to be made at the meeting but they hope to create a path forward for talks. Once negotiations resume, they could take months or even years to complete, the senior Trump administration official said.
“I think if they go with the tariffs, the trade talks are dead. Period,” said one person familiar with the talks. “If the US side doesn’t change its thinking, doesn’t change its methods, then all that will happen on the China-U.S. trade issue is that an ‘exchange of views and maintenance of communication’ will persist, and there won’t be more substantive progress,” the author wrote.The president has spoken optimistically about the chances of a deal. The administration official said rounds of meetings between top trade officials from both countries likely would begin again after the G20 summit.
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