US President Donald Trump and Chinese President Xi Jinping will meet last Saturday for some dinner diplomacy on the side…
US President Donald Trump and Chinese President Xi Jinping will meet last Saturday for some dinner diplomacy on the side of the 20th Argentina Summit.
The US-China trade war is expanding its agenda, but the two leaders also have other topics that they hope to deal with, including Taiwan, the South China Sea, and the Americans in China.
Here’s a Look at What Every Side Wants:
The United States and China have both raised tariffs of hundreds of billions of dollars of each other’s goods in what’s rapidly becoming a dangerous trade war.
Trump administration says China’s demands are clear: stop stealing trade secrets. Stop forcing technology transfers. Stop favors Chinese companies across the United States and other foreign competitors.
The US president, who expects concessions from Xi, has repeatedly regretted the United States’s gaping trade deficit with China, which amounted to $ 336 billion last year.
Trump increased the rate of complaints against Beijing stealing or pushing companies to hand over the technology in violation of its market opening commitments.
According to Trump: “China must treat us fairly. They have not been. Must treat us fairly.”
The president, who celebrates US economic gains as a positive benchmark for his own achievement, can not afford a slowdown or recession in its re-election in 2020. At the same time, self-professional expert trades can hardly be seen as caves for Chinese inability.
“I think we are very close to doing something with China, but I do not know I want to do it because what we currently have is billions and billions o F dollars are coming to the United States in the form of customs or taxes “told reporters Trump before leaving Thursday for the summit.
Tensioning is a new report by the US Trade Representative, which accused Beijing of increasing efforts.
Trump has also threatened that an even bigger set of US duties affecting China will come into force in the new year.
In addition to trade, tensions between the two nations have been high in terms of China’s sovereignty requirements for virtually the entire South China Sea.
USA challenges that claim and have promised to maintain water presence to promote freedom to navigate and float.
|Trump has threatened more tariffs against China, which will come into force on January 1, 19659017. In another question, Trump said he will pick up Xi about an American woman and her two adult children suspected of being left in China to force its foreign father to return to China to face fraudulent statements. |
National Security Adviser John Bolton tweeted a story in the New York Times about Victor and Cynthia Liu’s situation and their mother, Sandra, writes: “These Americans must be allowed to return home.”
Xi will hope for progress towards a ceasefire in the bitter trade war with the United States.
But while Xi portrays China as a force for peace and free trade, he must also be tough on the United States to maintain his position among nationalists at home.
The US has imposed a $ 250 billion penalty in Chinese exports and has threatened to double China, with the exception of China, granting concessions on trade and investment policy, considers it unfair.
China has responded with USD 110 billion in US goods, but Chinese officials say they are still unclear exactly what the US wants, and Xi will probably try to get clearer and possibly propose new proposals.
While Beijing has offered to buy more US products to limit the major trade deficit, Trump’s administration rejected it immediately.
The United States wants China to abandon demands that US and other foreign companies hand over key technologies in exchange for access to the Chinese market.
China denies making unreasonable demands and undertakes to become a global competitor in advanced technology such as robotics, artificial intelligence and biotechnology 2025.
At least, the conversation can act as a staging tactic to buy China more time and delay additional fees. Xi’s administration also hopes that calls will rule out or sideline important trade hooks, such as Trump advisor Peter Navarro.
In Taiwan, Xi wants to make Trump understand how serious China is feeling for the self-governing island, and closer involvement between Taipei and Washington threatens to destabilize the region – and possibly even lead to a conflict.
In talks earlier this month, which set the stage for the Xi-Trump meeting, a top Chinese foreign policy adviser had sharp words for the United States side of Washington’s increased support for China, as China claims as its own territory.
China requires the US to cancel a 330 million dollar sales of spare parts and related support to Taiwan’s US-created F-16 fighter aircraft and other military aircraft. While Washington has no official relations with Taiwan, it is legally required to ensure that there is a way to defend itself.
Trumps administration has also approved official contacts with Taiwan at higher levels than before and recently opened a glittering new representative office in Taipei.
Xi is also expected to be bound by questions concerning the South China Sea. China demands that the US cease sending ships and military aircraft near the islands of Beijing claiming in the South China Sea.