WASHINGTON - US President Donald Trump and China's Xi Jinping could meet next month on the sidelines of the G-20 summit to hash out their differences on trade, but no new talks are scheduled, White House economic advisor Larry Kudlow said on Sunday .
As for future negotiations, while there are"no concrete, definite plans yet," Kudlow said China had invited Treasury Secretary Steven Mnuchin and US Trade Representative Robert Lighthizer to Beijing - and higher-level discussions could be on the cards. Trump had accused Beijing of reneging on its commitments in trade talks and ordered new punitive duties, which took effect Friday, on US$200 billion worth of Chinese imports, raising them to 25 per cent from 10 per cent.
"We have to change the trading relationship between two countries for the benefit of the United States and its workforce and its ranchers and farmers and so forth. We have to do this," Kudlow said."The relationship has been too unbalanced."
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