US President Donald Trump plans to travel to China from March 31 to April 2 for a meeting with his counterpart Xi Jinping as the two leaders will look to navigate a trade relationship again plunged into uncertainty and navigate tensions around Taiwan, APA reports, citing Bloomberg.
The planned meeting comes as the Supreme Court on Friday moved to strike down sweeping US tariffs on exports, which seems certain to jumble the dynamics around efforts to extend a truce negotiated last year following months of tit-for-tat tariff escalations.
“I’m going to be going to China in April, that’s going to be a wild one,” Trump said Thursday during the first meeting of the Board of Peace in Washington.
The US president said he expects a welcome that includes pomp and ceremony that surpasses his visit to Beijing in 2017 during his first term.
“President Xi, he treated me so well, he gave me a display, I never saw so many soldiers all the same height, exactly the same height,” Trump said. “But I said, ‘You’ve got to top it.’ He said, ‘I’ll top it. We’re going to top it.’”
Trump has said he also expects to welcome Xi to Washington later this year, and the Chinese president is expected to attend a meeting of the Group of 20 nations in Florida.
It’s a marked change from the dynamic between the US and China early last year, when a series of tit-for-tat tariff hikes and export curbs rattled global financial markets and raised fears of an economic downturn. Following months of talks, Trump and Xi reached a one-year agreement last October to lower duties and export restrictions.
Beijing’s main objective in the upcoming talks is extending that truce, and officials are likely to push for further tariff rollbacks and an easing of restrictions on the shipment of advanced artificial-intelligence chips, the Wall Street Journal reported on Feb. 18, citing unnamed people close to the Chinese government.
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