Left Menu
Development News Edition

UPDATE 1-Trump says 'it doesn't matter' if China's Xi attends G20 -Fox News

Reuters | Washington DC | Updated: 14-06-2019 18:58 IST | Created: 14-06-2019 18:54 IST
UPDATE 1-Trump says 'it doesn't matter' if China's Xi attends G20 -Fox News
Image Credit: ANI

U.S. President Donald Trump said on Friday "it doesn't matter" if Chinese leader Xi Jinping attends the Group of 20 summits later this month, predicting a trade deal with Beijing would occur at some point anyway.

"We're going to see. Eventually, they're going to make a deal," Trump said in an interview with Fox News Channel. Trump repeatedly said he would meet with Xi at the summit, although China never confirmed the meeting.

Trump also said China manipulates its currency in order to avoid the squeeze of U.S. tariffs on Chinese goods. "They're paying hundreds of billions in dollars. I have 25% on $250 billion ... They're manipulating their currency in order to pay for it," he said.

The United States and China have been embroiled in trade tensions since last year marked by tit-for-tat tariffs on each other's imports as Washington seeks for Beijing to make changes to its business policies. The two countries were engaged in talks in order to reach a detente, but those ended in May without a deal. Washington has accused Beijing of reneging on several promises, which China has denied.

Separately, the world's two largest economies agreed to a halt on their dispute at the World Trade Organization over intellectual property rights. The panel did not say why the dispute had been suspended.


TRENDING

OPINION / BLOG / INTERVIEW

Why COVID-19 is unstoppable in USA despite it being ranked at the top of GHS Index?

Several worst-hit countries such as Italy, France, Spain, the UK, Canada, and Russia have peaked COVID-19 cases in April. Almost all of them have gradually flattened the curve. However, the USA is setting new daily records of infections tha...

COVID-19 seems cooking biggest ever global scam

The increasing number of corruption cases on COVID-19 funds from throughout the world and involvement of high profile persons indicate that the countries cant ignore corruption in their pandemic response programs. This has generated the nee...

Health Management Information Systems lack holistic, integrated, and pandemic resilient character

Being a part of the United Nations system, the World Health Organization WHO deserves its share of rebuke for its alleged failure issue COVID-19 health emergency alerts on appropriate time. However, the pandemic has also exposed loopholes i...

Pride in the time of coronavirus: a welcome move online?

This year is different in many ways not least as celebrations are also taking place against the dramatic backdrop of a global health crisis and a resurgence in grassroots activism following the death of George Floyd in Minneapolis. ...

Videos

Latest News

BHP faces first step in $6.3 billion UK claim over Brazil dam failure

More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound 6.3 billion lawsuit against Anglo-Australian miner BHP in Britain over a 2015 dam failure that led to Brazils worst environmental disaster.The group cla...

Fauci says decision on school openings should be left to local officials

Top infectious disease expert Anthony Fauci on Tuesday said decisions on whether to open schools in U.S. regions hit hard by the fast-spreading coronavirus outbreak should be left to local officials. We should try, as the default, to get th...

In surprise move, Trump administration reverses course on barring many foreign students

In a stunning reversal of policy, the Trump administration on Tuesday abandoned a plan that would have forced out tens of thousands of foreign students following widespread condemnation of the move and pressure from colleges and major busin...

Moderna Phase 1 results show coronavirus vaccine safe, induces immune response

Moderna Incs experimental vaccine for COVID-19 showed it was safe and provoked immune responses in all 45 healthy volunteers in an ongoing early-stage study, U.S. researchers reported on Tuesday.No study volunteers experienced a serious sid...

Give Feedback