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Trump, Xi showed optimism about dinnertime talk on trade war

IANS  |  Buenos Aires 

US and his Chinese counterpart sat down with cautious optimism to a working dinner here in hopes of making some progress in winding down the trade war between the two countries that affects the global economy.

"At some point, we're going to end up doing something that is great for and great for the US. The relationship is very special," Trump told reporters at the beginning of the dinner, reported.

Xi, seated facing Trump and flanked by a dozen of his advisers at a long rectangular table, noted his "personal friendship" with the US and expressed a wish to collaborate with him in order to guarantee prosperity for the global economy.

"Only with cooperation between us can we serve the interests of world peace and prosperity," Xi said in his brief statements.

The US noted that Saturday's meeting was very important and also spoke of his "incredible relationship" with Xi.

Since midway through this year, has imposed tariffs on $250 billion worth of goods from China, to which responded with import duties on $60 billion worth of products from the US.

According to The Wall Street Journal, both nations are working on an accord so that refrains from imposing more tariffs, while the lays out changes in its economic policy, such as ending restrictions on importing US agricultural and

The meeting was held at the where Trump stayed during the Summit, and was the US president's last event before returning to

Accompanying Trump were Mike Pompeo, Steven Mnuchin, US Trade Robert Lighthizer, the president's Jared Kushner, John Bolton, and advisers on matters of trade and the economy, and Larry Kudlow, respectively.

The Chinese delegation included chief, Ding Xuexiang; Liu He, Foreign Affairs Director Yang Jiechi, State Councilor Wang Yi, Zhong Shan, and

After the dinner, Trump headed for the to fly back to Washington, without the providing any immediate information about the results of the dinner.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, December 02 2018. 07:30 IST