Wednesday , November 25 2020

Trump and Xi are optimistic about the results of trade negotiations



US President and Chinese President Donald Trump, Xi Jinping, who telephoned on Thursday, November 1, expressed optimism about possible trade dispute resolution before coming to a November November meeting in Argentina.

However, the US Department of Justice accused optimist statements of another Chinese company of unfair practices in China at a wider pressure from Trump's Beijing administration.

Nevertheless, investors welcomed the continuation of the dialogue and a report indicating that Trump is taking steps to resolve the trade war. Asian stocks have reached a three-week peak this Friday, November 2.

Trump said on Twitter that China's negotiations are proceeding well and plans to meet with Xi at the G-20 summit in Argentina after both have been "very good" in telephone conversation.

Bloomberg reported that people knew that Trump wanted to enter into a trade agreement with China at the G-20 meeting and asked officials after the telephone conversation with Xi.


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