Trump, Xi Agree on New Trade Deals

Trump, Xi Agree on New Trade Deals

Source: Fox News

Summary

President Donald Trump met with Chinese President Xi Jinping in Beijing, touting a major win on trade deals. The two leaders held a bilateral tea meeting at the Zhongnanhai compound, where China agreed to order 200 Boeing jets. The meeting was attended by top US business leaders and officials, including US Ambassador to China David Perdue and Secretary of State Marco Rubio. Trump claimed the visit was “incredible” and that “a lot of good has come of it.” The meeting comes amidst a yearslong tariff standoff between the US and China.


Our Reading

As expected, the matter has reached another stage.

Trump and Xi met, had tea, and announced trade deals. The US business leaders who traveled with Trump met with Premier Li Qiang to discuss economic and trade cooperation. China agreed to order 200 Boeing jets. The White House and Chinese Embassy did not immediately respond to requests for comment. Trump said China was interested in investing “hundreds of billions of dollars” alongside American business leaders. The meeting was a familiar ritual in the ongoing trade negotiations between the two countries.

And once again, the details of the deals were left unexplained, leaving room for interpretation.


Author: Evan Null