Trump to hold talks with Xi on sidelines of G20

June 18, 2019 22:56

US President Donald Trump on Tuesday said he will hold an extended meeting with his Chinese counterpart Xi Jinping on the sidelines of the G-20 summit in Osaka, Japan next week, a major development amid the ongoing trade war between two of the world's largest economies.

Trump met with Xi at the previous G-20 in Buenos Aires, Argentina, last December. The two leaders discussed the trade dispute and tariffs, as well as the US opioid crisis.

"We will be having an extended meeting next week at the G-20 in Japan. Our respective teams will begin talks prior to our meeting," Trump said in a tweet on Tuesday morning.

Trump's tweet came after his telephonic conversation with Xi.

During their telephonic conversation, the two leaders discussed the importance of levelling the playing field for US farmers, workers, and businesses through a fair and reciprocal economic relationship, the US side said.

This includes addressing structural barriers to trade with China and achieving meaningful reforms that are enforceable and verifiable.

The leaders also discussed regional security issues. The two presidents look forward to meeting again in Osaka, Japan at the G20 Summit on June 28-29.

"Had a very good telephone conversation with President Xi of China," Trump said.

Despite differences over key trade and strategic issues, Trump and Xi talk at regular intervals.

Trump ratcheted up trade tensions when he slapped tariffs on hundreds of billions of dollars worth of products in May. The US president has threatened to place tariffs on another $300 billion worth of Chinese goods, saying he would hold off on doing so until after the G-20.

Trump wants China to take steps to address the issue of massive trade imbalance, stop coercing its companies and stop theft of intellectual property.

-- PTI

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