United States President Donald Trump may visit China before the Asia-Pacific Economic Cooperation (APEC) summit, scheduled to take place from October 30 to November 1, or meet with Chinese President Xi Jinping on the sidelines of the summit, possibly in South Korea. This information is reported by the Chinese newspaper South China Morning Post, citing multiple sources.
The world’s two largest economies are seeking to de-escalate the tariff war that has caused intense disruption to global trade and supply chains.
White House doesn’t comment on Trump-Xi Jinping meeting
Trump has sought to impose tariffs on essentially all foreign goods imported into the US, arguing this would boost domestic production. His critics believe that, on the contrary, many consumer goods will become more expensive for American citizens. The Republican president has set a uniform 10% baseline for products imported from all countries, however rates are higher for some, including China which currently reach 55%. Trump has set a deadline until August 12 for the two countries to reach a sustainable tariff agreement.
A White House spokesperson did not respond to a request to comment on the report about the two leaders’ meeting this fall.
