Donald Trump predicts 'very difficult' meeting with Xi Jinping

Trump has invited Xi Jinping to his mansion in Florida (Mar-a-Lago) in early April

Donald Trump
US President Donald Trump (L), flanked by Johnson Security Bureau President Jessica Johnson and his daughter Ivanka Trump, meets with women small business owners at the White House in Washington, US
IANS Washington
Last Updated : Mar 31 2017 | 8:29 AM IST

The US President Donald Trump predicted a "very difficult" meeting with his Chinese counterpart Xi Jinping, whom he has invited to his mansion in Florida (Mar-a-Lago) in early April.

"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. American companies must be prepared to look at other alternatives," Donald Trump said in two Twitter messages.

The meeting agenda will have a strong economic and commercial nature, Xinhua news agency reported on Friday.

During his campaign and also as President, Trump has blamed China -- in addition to Mexico -- for the US trade deficit and job losses due to offshore outsourcing, a trend that he has promised to change.

However, Chinese Foreign Ministry spokesperson Lu Kang said that "40 per cent of China's trade surplus with the United States came from US companies in China."

Lu also argued that bilateral trade has created 2.6 million jobs in the US and said the two countries "are highly complementary."

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 31 2017 | 8:21 AM IST

Next Story