Trump, Xi may meet in Vietnam on

February 27-28 to discuss trade relations – reports
BEIJING, Feb 3: US President Donald Trump and his Chinese counterpart, Xi Jinping, may meet in Vietnam on February 27-28 to discuss ways to resolve the US-Chinese trade dispute, Chinese media reported on Sunday, citing an anonymous source with knowledge of the situation. The Vietnamese coastal city of Da Nang is a possible venue for the meeting between the two leaders, the South China Morning Post newspaper specified. China and the United States have been engaged in a trade war since Trump announced last June that $50 billion worth of Chinese goods would be subject to 25 percent tariffs in a bid to fix the US-Chinese trade deficit. Since then, the two countries have exchanged several rounds of trade tariffs. At the G20 summit in Argentina in December, Trump and Xi agreed to a 90-day truce in their tariff war to allow room for a new trade agreement. The 90-day period is set to end on March 1. On Thursday, Trump said that US trade talks with China were going well, adding that a final deal would not be made until his meeting with Xi, slated for the “near future.” On Friday, the Chinese Ministry of Commerce said that China and the United States were planning to create a special bilateral mechanism for the implementation of existing agreements settling their trade dispute. (AGENCIES)

LEAVE A REPLY

Please enter your comment!
Please enter your name here