US-China Trade War: Trump to Meet Chinese President, Xi in Japan

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SWITZERLAND, JUNE 18 – American President, Donald Trump will meet with Chinese President, Xi Jinping on the sidelines of the G-20 summit in Japan next week, to further negotiate on resolving the ongoing US-China Trade War which has affected both sides.

“Had a very good telephone conversation with President Xi of China. We will be having an extended meeting next week at the G-20 in Japan. Our respective teams will begin talks prior to our meeting,” Trump said via a tweet on Tuesday.

The first and second economies in the world have drawn daggers, and while they have not gone for each other’s throat, they are definitely attacking each other’s belly.

The United States had long protested that China unfairly devalues its currency, the Yuan, so that Chinese goods are relatively cheap compared to American products. China responded by reminding the Americans that they had put themselves in unfair advantage by determining the rules of international trade in the first place.

However, the conflict intensified when US president, Donald Trump, a Nationalist whose moto is ‘America First’, imposed heavy tariffs on Chinese imports into the US and the Chinese retaliated in kind. These tariffs, coupled by other factors, have slowed down the Chinese economy, which was growing at double digits 10 years ago.

The trade war has also led to heavy sanctions by the US on Chinese companies, especially technology giant; Huawei, which has been cut off by Google, Facebook and other American tech firms.

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