Agency, 14 May : US President Donald Trump said on Monday that he will meet Chinese President Xi Jinping and Russian President Vladimir Putin at the G20 gathering in Japan next month.
Trump said he expects his discussion with Xi to be “very fruitful”, as the trade war between China and the United States intensified on Monday.
Earlier, China announced it would impose higher tariffs on a range of US goods including frozen vegetables and liquefied natural gas, a move that followed Washington’s decision last week to increase its own levies on $200 billion in Chinese imports.
Trump had warned Beijing not to retaliate. On Monday he said, “We’re dealing with them. We have a good relationship.”
Trump, who has embraced protectionism as part of an “America First” agenda, added that he had not yet decided whether to go ahead with tariffs on roughly another $325bn in goods from China.
For its part, China said on Monday it plans to set import tariffs ranging from five percent to 25 percent on 5,140 US products on a revised $60b target list. It said the tariffs will take effect on June 1.
3 months ago