While U.S. businesses are holding out hope that the U.S. and China will agree on at least “a deal to get a deal” when Presidents Trump and Xi Jinping meet at the G20 summit in Buenos Aries at the end of this month, a tight timetable, coupled with what some see as a lack of sufficient preparation for the talks, has muted industry expectations for a substantive outcome.
Daily News
Trump says ‘we just can’t make that deal’ with China, warns of more tariffs
President Trump on Wednesday said he could not accept the trade terms China is offering and said tariffs on billions of dollars in additional Chinese goods could be forthcoming. “We’ve done very well in our negotiation with China, but we’re not prepared to make the deal that they’d like to make,” Trump said in a meeting with congressional leaders. “We’ll continue to talk to China. I have great respect for President Xi. He’s really a very special guy. But right...