Guest post by Joe Hoft
Photo from the Trump-Xi dinner meeting in Buenos Aires on Saturday night. (People’s Daily)
President Donald Trump and Chinese President Xi Jinping met on Saturday night in Argentina at the close of the G20 meetings. The two leaders met to discuss trade and other issues between the countries.
On Sunday morning more good news from the meeting made headlines in China.
Xinhua.net blared the headline:
Xi, Trump hold “very successful” meeting on ties, trade
Global Times reporter Hu Xijin announced an agreement had been reached:
Based on information I received, talks between Xi and Trump went well and consensus was reached.
— Hu Xijin 胡锡进 (@HuXijin_GT) December 2, 2018
The South China Morning Post blared the headline — Consensus Reached!
Via the South China Morning Post:
A trade war truce was agreed upon — Consensus was reached
The People’s Daily reported:
While a trade war truce was the biggest menu item at the two and a half-hour dinner between Chinese President Xi Jinping and his US counterpart Donald Trump, there were other key takeaways from their historic summit in Buenos Aires.
Both nations will be relieved that the escalating trade tensions – which erupted with the imposition of tariffs on July 6 – are contained, but the US took the opportunity to raise demands which may lead to further confrontation ahead…
…But a White House statement said both sides would immediately begin negotiations over a wide range of issues, including forced technology transfers, intellectual property protection, non-tariff barriers and cyber intrusions.
If the two sides cannot reach agreement over these within the next 90 days, the US will raise tariffs to 25 per cent.
More from the People’s Daily—
China, U.S. agree to avoid escalation of trade restrictive measures
