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Trump and Xi Restart Trade Talks at G20 Summit.

Monday, July 8, 2019

(North American Meat Institute)

President Donald Trump and Chinese President Xi Jinping met at the G20 Summit in Osaka, Japan over the weekend. The two countries are restarting trade talks after Trump offered concessions, including no new tariffs and fewer restrictions on tech company Huawei in order to reduce tensions with Beijing. However, existing tariffs on Chinese imports will remain in place while negotiations continue. China agreed to make unspecified new purchases of U.S. farm products and return to the negotiating table, Trump said. There was no deadline set for any progress on a deal.

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