Trump announces negotiations with China are ‘back on track’
OSAKA, Japan — President Donald Trump said negotiations with China are “right back on track” after a bilateral meeting with Chinese President Xi Jinping on Saturday in Japan.
“We had a really good meeting,” Trump told reporters before talks with the Turkish president. “Perhaps better than expected.”
The president did not specify whether his plan to impose additional tariffs on China was on hold, but Chinese state-run television was reporting that the U.S. would not impose any new duties on Chinese goods.
The two sides will pick up where talks left off in early May, when Trump accused China of backtracking on commitments it had made after months of talks.
Despite the friendly tone this weekend, the business sector — and the U.S. economy — is likely to still be on edge as tensions between Beijing and Washington can escalate in an instant if talks break down.
Article originally published on POLITICO Magazine
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Anita Kumar, Khareem Sudlow
