Trump and Xi Jinping could fix parts of the US-China relationship in Argentina. They won’t.
By Alex Ward@AlexWardVoxalex.email@example.com Nov 29, 2018
President Donald Trump will meet Chinese President Xi Jinping for a working dinner during the G20 summit this week, and it looks like it will be a missed chance to improve souring relations between the world’s top two economic powers.
Both leaders will surely discuss their ongoing trade war; the US placed around $250 billion in tariffs on Chinese goods, to which Beijing has responded in kind. Neither side has yet reached a compromise to defuse tensions, with the US repeatedly pulling away from potential deals in hopes that China caves to its demands.
The Trump administration expressed confidence ahead of the meeting. “There’s a good possibility we can make a deal,” Larry Kudlow, Trump’s top economic adviser, told reporters on Tuesday, adding that “things have been moving very slowly between the two countries.” National Security Adviser John Bolton noted Trump and Xi have a good relationship, but said each would firmly represent their country’s interests in Argentina.
Experts warn the meeting will likely prove fruitless, however. “I expect both leaders to say some nice words about the importance of bilateral ties, but not solve anything,” Bonnie Glaser, a China expert at the Center for Strategic and International Studies think tank in Washington, said.
Both Trump and Xi may then leave the summit with their countries still locked in a tense standoff that some say has led to the worst US-China relationship in decades. The problem is at this point only those two leaders have the power to improve ties.
If Trump and Xi can’t put their countries on a friendlier path, then the world’s most important economic relationship will only get worse.
There likely won’t be a deal to end the trade war
https://www.vox.com/world/2018/11/29/18114600/trump-xi-jinping-china-g20-trade-warA Hong Kong-based container ship sits in a berth at the Port of Oakland on June 20, 2018. Justin Sullivan/Getty Images