Argentina, U.S. differ over Trump-Macri discussion on China

Argentina, U.S. differ over Trump-Macri discussion on China

Argentina, U.S. differ over Trump-Macri discussion on China

President of Argentina Mauricio Macri speaks to the press as President Donald Trump holds his translation device before during a meeting ahead of the G20 Summit 2018 at Casa Rosada on November 30.

The day will also see a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping, whose nations have been embroiled in an escalating trade war with new U.S. tariffs on China goods set to take effect a month from now. But on Thursday evening, an official with the Canadian Prime Minister said Trudeau would be at Friday's ceremony.

Morrison said Australia and the United States "have always been the greatest of friends".

To force reform at the WTO, the United States has blocked new appointments to the world's top trade court.

The two leaders are expected to seek a resolution to a trade dispute between their countries that has shaken financial markets and threatened the global economy.

Moon's top press secretary, Yoon Young-chan, was quoted by the South's Yonhap news agency saying that Trump "asked that South Korea and the US closely cooperate so the next summit will be another historical milestone in the process of denuclearizing the Korean Peninsula".

The European Union has proposed changes to the WTO in a bid to appease the United States, but so far no resolution has been found.

Meanwhile, U.S. Trade Representative Robert Lighthizer said Wednesday that Trump had to look at how to increase tariffs on Chinese auto imports from 27.5% to 40%, to bring them in line with the tariffs China levies on U.S. vehicle imports-China imposes lower tariffs of 15% on imports from other countries.

The first day of the G20 summit offered glimmers of hope for progress between Washington and Beijing despite Trump's earlier threat of new tariffs, which would increase tensions already weighing on the growth of the global economy.

One bright spot before the summit opened was the signing of a revised U.S. -Mexico-Canada trade pact to replace the North American Free Trade Agreement.

If he can not get a deal with Xi, he has vowed to more than double most of those tariffs on January 1 and he has threatened to expand tariffs to virtually everything China ships to the US. Saudi Arabia's de facto ruler arrived under swirling controversy over the murder of Saudi journalist Jamal Khashoggi in the Saudi consulate in Istanbul in October.

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Saudi Arabia has denied that bin Salman played a role, but some leaders may be cool toward him to avoid seeming to legitimize a man who USA intelligence agencies concluded ordered the killing. -China trade dispute to the Russia-Ukraine conflict.

Washington has accused Beijing of deploying predatory tactics in its drive to develop its domestic technology industry, including stealing trade secrets and forcing U.S. firms to hand over technology in exchange for access to the Chinese market.

Saturday's talks will be a test of the personal chemistry between the two leaders, which Trump has hailed as a warm friendship.

Trump was typically coy on Friday even as he noted some positive signs.

Kirill Dmitriev, the chief of Russia's sovereign wealth fund, told reporters that Putin would meet the prince Saturday and discuss boosting Saudi Arabia's $2 billion investment in Russian Federation.

"But a good deal means both sides walking away happy". "But I will tell you that I think China wants to make a deal".

"There are some ... things in there that I think Democrats can support", Ms O'Neil said. "The US should give its habitual winner-take-all approach to worldwide relations the weekend off", it said. China calls the United States protectionist and has resisted what it views as attempts to intimidate it.

Argentina is the first South American country to host the G-20, and officials have the added challenge of ensuring that chaos is better contained than it was at last year's meeting in Hamburg, Germany, where clashes broke out between police and protesters.

Moscow said US domestic politics may have been the real reason behind the cancellation after Trump's former personal lawyer pleaded guilty on Thursday to lying to Congress about a proposed Trump Organization skyscraper in the Russian capital. His administration is eager to preserve the backing of the European Union and Japan as it takes on Chinese trade practices that are of concern to companies in all three economies.

Washington, meanwhile, had insisted the statement emphasize that the multilateral trading system was not working, one of the officials said.

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