Trade talks on Trump and Xi's agenda

During his China visit Donald Trump is likely to focus on improving trade between China and the US, which he thinks unfairly favours the Asian giant.

The United States believes progress with China on a range of trade issues has become more difficult and Beijing appears on a "trajectory of retrenchment," a senior Trump administration official says.

President Donald Trump will insist in upcoming talks with Chinese President Xi Jinping that more balance is needed in US-Chinese trade relations, the official said, briefing reporters ahead of Trump's November 3-14 Asia trip that will include a stop in Beijing.

Trump's Asia tour is shaping up to be the longest by an American president in 25 years.

With tensions over North Korea's nuclear challenge, Trump's trip stops in Japan, South Korea, China, Vietnam and the Philippines.

The official's remarks on the US-Chinese trade relations could herald some friction in Trump's talks with Xi on a state visit to Beijing that comes just as Xi consolidated power in a Communist Party congress.

Trump has repeatedly complained about the US trade deficit with China, which was $US347 billion ($A453 billion) in 2016. But he has shied away from taking major punitive trade actions against China.

The official said over the long-term China must provide fair and reciprocal treatment to US and international companies and stop "predatory trade and investment practice".

"Progress on a range of bilateral economic issues has become increasingly difficult. We believe this reflects a slowdown and even a retrenchment in China's move toward a market-oriented economy," the official said.

On Monday, Chinese Ambassador to the United States Cui Tiankai predicted in a briefing with reporters that "there will be significant outcomes on the economic side" while Trump is in Beijing.


Share
2 min read

Published

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world
Trade talks on Trump and Xi's agenda | SBS News