Donald Trump predicts 'very difficult' summit with Xi Jinping
Given that the United States has a massive
trade deficit with China, tweeted.
President Donald Trump has said that the next week's high-profile
summit with his Chinese counterpart Xi Jinping will be a "very
difficult" one as the US can no longer afford massive trade deficits and
job losses.
Given that the United States has a massive trade
deficit with China, American companies must be prepared to look at other
alternatives, Trump tweeted.
Trump is scheduled to meet Xi at his Mar-a-Lago residence in Florida on April 6 and 7.
This would be the first summit meeting between the two leaders.
"The
meeting next week with China will be a very difficult one in that we
can no longer have massive trade deficits and job losses," Trump said.
Earlier,
White House Press Secretary Sean Spicer told reporters that Trump looks
forward to meeting President Xi and exchanging views on each other's
respective priorities and to chart a way forward for bilateral ties.
"They will discuss the issues of mutual concern, including North Korea, trade, and regional security," he said.
Noting
that Trump has spoken to Xi over the phone a few times, Spicer said
this was an opportunity for the President to develop a relationship in
person with his Chinese counterpart.
"But we have big problems,
and -- I mean, everything from the South China Sea, to trade, to North
Korea.
There are big issues of national and economic security that need
to get addressed, and I think there's going to be a lot on the table
when it comes to that over the two days that they will talk," Spicer said in response to a question.
There are a lot of big things that the US needs to accomplish with China, and it will work on them, he said.
China-US
trade in goods amounted to USD 519.6 billion in 2016. China has a large
share in the bilateral trade with its exports to the US amounting to
over USD 400 billion.
The meeting will follow a recent trip to China by US Secretary of State Rex Tillerson.
Ahead of the summit with Trump, Xi will visit Finland and hold talks with his counterpart Sauli Niinisto
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