President Donald Trump will meet Chinese President Xi Jinping for a working dinner during the G20 summit this week, and it looks like it will be a missed chance to improve souring relations between the world’s top two economic powers.
Both leaders will surely discuss their ongoing trade war; the US placed around $250 billion in tariffs on Chinese goods, to which Beijing has responded in kind. Neither side has yet reached a compromise to defuse tensions, with the US repeatedly pulling away from potential deals in hopes that China caves to its demands.
The Trump administration expressed confidence ahead of the meeting. “There’s a good possibility we can make a deal,” Larry Kudlow, Trump’s top economic adviser, told reporters on Tuesday, adding that “things have been moving very slowly between the two countries.” National Security Adviser John Bolton noted Trump and Xi have a good relationship, but said each would firmly represent their country’s interests in Argentina.
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