What Trump and the Chinese President Will Discuss
The Presidents of the United States and China are set to address the reduction of bilateral trade restrictions, with each side considering a reduction worth $30 billion.
According to a report by Reuters, citing its sources, U.S. President Donald Trump and Chinese leader Xi Jinping will discuss the issue of reducing existing trade barriers between their two countries. The amount in question is up to $30 billion from each side.
Four sources familiar with Trump’s administration goals have revealed that a new mechanism is expected to be launched based on a framework agreement for reciprocal reductions of trade barriers, amounting to $30 billion each. The media notes that it is not yet clear whether the leaders will agree on the specific types of goods to be included in the possible deal or if this issue will be left for future meetings.