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Trump says will meet Xi, Putin in June

Press Trust of India  |  Washington 

US has said he expects to have a "very fruitful" meeting with his Chinese counterpart next month in Japan, amid escalating trade conflict between the world's two largest economies.

Speaking to reporters at the on Monday, Trump also said he expects to meet his Russian counterpart

"We are going to be meeting, as you know, at the in And that will be, I think, probably a very fruitful meeting," Trump said on the possibility of his meeting with Xi.

The President's remarks came as trade war between the US and escalated after Trump last Friday increased the import duty on Chinese products worth USD 200 billion from 10 per cent to 25 per cent.

He has also started the process of a similar increase on the remaining Chinese imports of over USD 300 billion.

"We are taking in, right now, hundreds of billions of dollars. We are taking in billions of dollars of tariffs.... We have never taken in 10 cents until I got elected. Now we are taking in billions and billions.... In addition to that we have another USD 325 billion that we can do, if we decided to do it," Trump said.

"So we are taking it in tens of billions of dollars. We have never done that before with We have never done that before with anybody, frankly, because we have been taken advantage of all of our trade deals," he said.

The Summit would also be the first opportunity for a meeting between the Indian and Trump after the election results are declared in on May 23.

However, Trump, during his interaction with the media at his Oval Office, made no mention of any meeting other than that with Xi and Putin on the sidelines of the Summit.

Like the Trump-Xi summit in last November, all eyes will again be on the two leaders in because of the ongoing trade tension.

Ahead of the meeting between and Putin on Tuesday, Trump said on Monday that it made sense for the US to get along with

"I'll be meeting with Putin also. I think the message is that there has never been anybody that's been so tough on but, at the same time, we're going to end up getting along with It makes sense to get along with Russia," he told reporters at his Oval Office.

Trump asserted that none of his predecessors had sanctioned Russia like he had.

"Nobody has talked about the pipeline going to and various other places like I have. I said it's very unfair - having to do with the and NATO," he said.

"There has been nobody that's ever done - and if you really look at something big, our business - we're now the biggest in the world.

"We're bigger than Russia. We're bigger than We're bigger than anybody. That it all happened since I've become president because I've made it so that you can do that. And we're taking in a lot of money," he said.

Trump said was doing really well.

"We've probably never done this well before, and it's going to continue. We have tremendous signs," he said.

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

First Published: Tue, May 14 2019. 14:11 IST