Washington Update

June 28th, 2019
By Angela Deng

Trump and Xi expected to announce tariff truce at the G20, while pressure builds ahead of their meeting

Presidents Donald Trump and Xi Jinping are likely to announce a suspension of additional tariffs and resumption of trade talks at their lunch meeting on Saturday, June 29, on the sidelines of the Group of Twenty (G20) Summit running from June 28 to 29. However, whether Trump will ultimately decide to impose or delay additional tariffs on $300 billion of Chinese imports will depend...

June 21st, 2019
By Angela Deng

Trump and Xi will meet at the G20 summit, but whether they can reach a deal is unclear

During a phone call on Tuesday, Presidents Donald Trump and Xi Jinping agreed to meet on the sidelines of the G20 Summit, which runs from June 28 to 29 in Osaka, Japan, and to start trade talks prior to their meeting. It remains unclear if trade talks, once resumed, will lead to a trade agreement between the two countries. Meanwhile, industry groups and congressional lawmakers...

June 14th, 2019

Presidential meeting between Trump and Xi still not confirmed for the G20, while both sides continue to dig in

While President Trump this week played up his expectations of a meeting with President Xi at the G20 Summit near the end of June, the meeting so far has not been confirmed by either government. China continues to be silent about the meeting, and expectations for a deal being reached at the meeting—if it does occur—are low.

Throughout this week, President Trump...

June 7th, 2019
By Angela Deng

Planning yet to begin for presidential meeting as China announces additional responses to US pressure

Despite comments by President Donald Trump this week about an anticipated meeting with President Xi Jinping, plans of a presidential meeting at the G20 in late June do not appear to be underway. USCBC sources have indicated that to date neither side has taken the usual first step of officially requesting a meeting. While time is short for preparations to be made, both governments...