Trump, Xi set for high-stakes trade war talks in Japan

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U.S. President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting that could salvage trade talks or plunge the world’s two largest economies into a deeper trade war

OSAKA/NEW YORK - U.S. President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting in Japan on Saturday that could salvage trade talks or plunge the world’s two largest economies into a deeper trade war.

The dispute has already cost companies in both countries billions of dollars, disrupted global manufacturing and supply lines, and roiled global markets. The trade war and signs of a global economic slowdown have overshadowed the two-day Group of 20 summit in Osaka, where the two presidents will hold one-on-one talks on Saturday.

The United States says China has been stealing U.S. intellectual property for years, forces U.S. companies to share trade secrets as a condition for doing business in China, and subsidizes state-owned firms so they can dominate both domestic and international business.“We feel the U.S. side is exerting extreme pressure,” a Chinese diplomat told Reuters on Friday on condition of anonymity.

 

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high hopes, high-stakes, high uncertainty- high-repetition now what can one expect, perhaps a miracle?

My bets on the latter. TradeTalks

Best wishes for the United States of America top negotiator President Donald J Trump POTUS realDonaldTrump StateDept

Don't care. All this is nothing but to raise stocks as they're supposedly reflect the health of an economy while it's no more than a gamble-bubble waiting to be burst. They won't burst it on purpose.

Putin laughing spreads his wings

freetheuighurs freetibet FreeHongKong stop neocolonialsm stop Oppression of Tibetans & Uighurs stop bullying of Taiwan & HongKong stop the YulinDogTortureFestival

If Trump is the major threat to China’s way of life as Trump would want you to believe: Wouldn’t China just tank the American economy with a trade war ensuring a Trump defeat and a return to business as usual? If Trump is just a dimwit won’t China just make a meaningless deal?

Who wants the war anyway?

Patiently awaiting the results...

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