President Trump, "I Think We'll Make a Deal With China on Trade"

President Trump,

President Trump, "I Think We'll Make a Deal With China on Trade"

"President Xi Jinping also stressed that China-U.S. trade has always been serving as ballast and a stabilizer for China-U.S. relations".

President Donald Trump expressed confidence he can reach a deal to end a burgeoning trade war with China, saying he will meet his Chinese counterpart at the Group of 20 meetings in Argentina in about a month. If the policy talks go well, then we'll have a much better situation.

However, "policy talks" will determine whether he imposes additional duties, "not an arbitrary timeline", said Kudlow, who served as the Trump campaign's senior economic adviser.

Trump said earlier on Twitter that he and Xi had a "very good" conversation.

"I think we'll make a deal with China, and I think it will be a very fair deal for everybody", Trump said Friday at the White House before leaving for political rallies in West Virginia and Indiana.

The G20 summit will take place from November 30 to December 1.

President Trump said a deal with China would also be good for Beijing.

BOTH the United States and China have sought to portray the personal relations between the two leaders as a source of stability in the relationship, and they have refrained from direct criticism of each other.

President Trump's comments came a day after a phone call with President Xi that he described as "very good".

Trump says he will have dinner with President Xi Jinping (shee jihn-peeng) of China at the summit of industrial and emerging market nations in what would be their first meeting since both countries imposed escalating rounds of tariffs on goods.

The United States has imposed tariffs on $250-B worth of Chinese goods so far, while China has retaliated with $110-B worth of tariffs on U.S. goods.

Bloomberg reported on Monday that the Trump administration was preparing to announce tariffs on the remaining Chinese imports, about $257 billion worth, if the meeting fails to ease the U.S.

A key point of contention for the USA has been its allegations that China has engaged in widespread intellectual property theft. That will be led by the agency's National Security Division head, John Demers, and will increase the use of Justice Department tools to counter China's activities, the official said.

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