Trump, Xi set for high-stakes trade war talks in Japan

June 29, 2019 04:15
Breaking news

Breaking news. (photo credit: JPOST STAFF)

US President Donald Trump and Chinese President Xi Jinping are set for a high-stakes meeting in Japan on Saturday that could salvage trade talks or plunge the world's two largest economies into a deeper trade war.

The dispute has already cost companies in both countries billions of dollars, disrupted global manufacturing and supply lines, and roiled global markets.
Trump said he would be sitting down with Xi, the first meeting between the two leaders in seven months, around noon on Saturday (0300 GMT) in Osaka, where they would discuss a dispute over Huawei Technologies Co and trade, among other topics.

Trump said the two had seen each other on Friday evening at a dinner of Group of 20 leaders. "A lot was accomplished actually last night," he said.

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