Trump, Xi Signal Readiness for Trade Talks Ahead of G-20 Meeting

Trump says he is ‘very prepared’ for talks with Chinese leader
China says trade teams ‘in close touch’ ahead of summit

Goldman Sachs’s Kamakshya Trivedi examines trade tensions between the U.S. and China ahead of the G-20 summit.Source: Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Bloomberg News

November 23, 2018 at 3:38 AM UTC

Updated on

November 23, 2018 at 9:02 AM UTC

This article is for subscribers only.

U.S. President Donald Trump and Chinese leader Xi Jinping have indicated they’re both ready for a highly anticipated meeting at the Group of 20 summit in Argentina next week.

The world’s biggest economies have been engaged in an escalating trade war that is starting to have a greater impact on financial markets and global growth. On Thursday, Trump told reporters that China wants to make a deal “very badly” after his administration placed tariffs on on about $200 billion worth of Chinese goods.