China sends friendly message on tariffs ahead of Trump-Xi meeting
Beijing expressed hope on Thursday that lengthy trade negotiations with the United States will be resolved soon, issuing a tentatively optimistic outlook ahead of President Donald Trump’s meeting with Chinese President Xi Jinping later this month.
TL;DR
- China hopes for a swift resolution to trade negotiations with the U.S.
- A meeting between President Trump and President Xi is scheduled for September 24th in Washington.
- Reciprocal tariff reductions on $30 billion worth of goods are hoped to be implemented soon.
- The U.S. has expressed concerns about China's alleged interference in elections and cyberattacks on government agencies.
- Despite trade talks, China is viewed as a significant rival to the U.S.