China's Xi to present Trump with terms for settling trade deal: WSJ

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Chinese President Xi Jinping is expected to present U.S. President Donald Trump with the terms it expects the U.S. to meet before Beijing is willing to settle the countries' contentious trade fight.

The Chinese Ministry of Commerce"We urge the U.S. to immediately cancel its pressure and sanction measures on Huawei and other Chinese companies, and push for the stable and healthy development of China-U.S. trade relations," Gao Feng, spokesman for the Ministry of Commerce said in Mandarin, according to a CNBC translation.

Gao added the China is unchanged on its position on the trade dispute, as laid out by lead negotiator and Vice Premier Liu He in May.CNBC's Evelyn Cheng and The Associated Press contributed to this report.

 

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My advice is DON'T WASTE TIME with China. SPURN them from ANY business with the west.

Now would be a great time to build a wall!

Lol those with no upper hand cannot present terms. This is more like Xi begging. Trump should reject swiftly

Can beggars be choosers? If you r getting 300 Billion from US, you got to agree to Trump's demands.

Trump will reject it. Art of the Deal says to always reject the first offer.

No deal.

C'mon guys & gals just today news report of a Huawei employee working with the military is circling. Let's get objective here & stop the 'Mnuchin Headlines'. What China wants will not get the USA to a real deal. Do your jobs & start reporting BeckyQuick andrewrsorkin JoeSquawk

Doesn’t sound like a deal will be reached then.

that means 90% deal is fk off.

TERMS? When did THIEVES earn this of right to choose or dictate?

Probably something along the lines of America apologizes for its tariffs and agrees to subsidize Chinese goods so the Chinese government doesn’t have to. Trump will hail it as a win and his rubes will agree. Am I close?

This market is so ridiculous... max manipulation. Wait for the Mnuchin next interview saying that the deal is 91% complete...

China’s largest customer is going to walk. Good luck with that China. Hello India, turkey, Vietnam.

Xi can't dictate shit. Chicoms need access to US markets or their economy collapses.

What terms?

China Is Dictating The Terms? Paper Tiger = Trump's Foreign/Trade Policies. morningmika StateDept NewDay WillieGeist FoxNewsSunday foxandfriends

not good...

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