{"id":38793,"date":"2019-04-04T23:22:59","date_gmt":"2019-04-04T23:22:59","guid":{"rendered":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=38793"},"modified":"2019-04-04T23:22:59","modified_gmt":"2019-04-04T23:22:59","slug":"trump-says-us-china-rounding-the-turn-in-trade-talks","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=38793","title":{"rendered":"Trump says US, China ’rounding the turn’ in trade talks"},"content":{"rendered":"
\n

US President Donald Trump<\/a> said on Thursday that the United States<\/a> and China<\/a> are “rounding the turn” in a lengthy negotiation over trade and predicted that “something monumental” and great for both countries could be announced in a matter of weeks.<\/p>\n

“We are rounding the turn. We’ll see what happens,” Trump said during an Oval Office appearance with both countries’ negotiating teams. “We have a ways to go but not very far,” he added.<\/p>\n

Vice Premier Liu He, China’s top trade negotiator, agreed, telling Trump that “because of your direct involvement, we do have great progress”.<\/p>\n

China and the US are working to end a standoff that has shaken financial markets and darkened the outlook for the world economy.<\/p>\n

Washington wants sweeping changes to China’s economic and trade policies, while Beijing wants Trump to lift expensive sanctions on Chinese goods.<\/p>\n

US and Chinese negotiators on Wednesday began their ninth round of talks to resolve the dispute over US allegations that Beijing is using predatory tactics, including cyber-theft<\/a>, in a campaign to challenge US technological dominance. China has denied the allegations.\u00a0<\/p>\n

Trump has slapped tariffs on $250bn in Chinese products. In retaliation, China has targeted $110bn in American imports.<\/p>\n

The president said on Thursday that he would discuss the future of tariffs the US has imposed on China with Liu.\u00a0<\/p>\n

The president also said he still wants to meet Chinese President Xi Jinping<\/a>. “If we have a deal, then we’re going to have a summit,” Trump said.<\/p>\n

Trump said he appreciated a “beautiful letter” he received from Xi, but he did not disclose its contents.<\/p>\n

Military spending<\/h2>\n

Trump on Thursday lamented the amount of money that the US, China and Russia<\/a> spend on weapons production, including nuclear weapons, and suggested that such money could be better spent elsewhere.<\/p>\n

Trump, during his meeting with Liu<\/span>, floated the idea of following up on a potential trade deal with China with a second phase deal that addressed the issue of military spending and arms production.<\/p>\n

Asked by the president to weigh in on the suggestion, the vice premier said he thought it would be a good idea.<\/p>\n

US Trade Representative Robert Lighthizer said there were still some major issues left to be resolved in the trade deal.<\/p>\n

Trump said the sticking points included tariffs and intellectual property theft, and the president said he would discuss tariffs with Liu.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

US President Donald Trump said on Thursday that the United States and China are “rounding the turn” in a lengthy negotiation over trade and predicted that “something monumental” and great for both countries could be announced in a matter of weeks. “We are rounding the turn. We’ll see what happens,” Trump said during an Oval…<\/p>\n","protected":false},"author":10,"featured_media":38794,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-38793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-middle_east_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/38793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38793"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/38793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/38794"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}