U.S. President Donald Trump met Chinese leader Xi Jinping on the sidelines of the G-20 Summit in Osaka on Saturday, June 29.
The two leaders spoke of good intentions as the meeting began Saturday.
Their discussions focused at least in part on the dispute over technology and trade that has led to tensions over tariffs between the two largest economies.
Flanked by his delegation, President Trump said he looked forward to working with Xi and told the Chinese leader he wanted to “do something” in regard to trade.
President trump said, “We’ve had an excellent relationship but we want to do something that will even it up with respect to trade. I think it’s something that’s actually very easy to do. I actually think that we were very close and then we, something happened where it slipped a little bit and now we’re getting a little bit closer but it would be historic if we could do a fair trade deal. We’re totally open to it. And I know you’re totally open to it. I know all of your representatives have been working very hard with my representatives and the representatives of the United States and I will say that I think this can be a very productive meeting and I think we can go on to do something that truly will be monumental and great for both countries and that’s what I look forward to doing. And thank you very much for hosting us. We appreciate it.”
During his remarks, Xi said, “Today I’m prepared to exchange views with you concerning the growth of U.S.-China relations so as to set the direction for our relationship.”
President Trump and China have slapped punitive tariffs on hundreds of billions of dollars of imports of each other’s goods. In May, Trump hiked up tariffs on $200 billion in Chinese imports, and said he would slap duties on another $300 billion after talks stalled that month.
President Trump told CNBC in June that he would immediately impose the additional $300 billion in tariffs if Xi didn’t attend the G-20 summit.