Donald Trump says Xi Jinping meeting at G20 'scheduled'

Donald Trump says Xi Jinping meeting at G20 'scheduled'

"Yes, it would", he answered.

"I would be surprised if he didn't go", Trump added. I think he'll go, and I have a great relationship with him. Trump had threatened to impose a 5 percent tariff on all Mexican goods beginning Monday, if Mexico didn't take concrete action to stem the flow of migrants entering the United States.

Trade talks with China hit an impasse last month after the president accused Beijing of reneging on provisions of a tentative agreement.

"They certainly didn't listen to me because they made a big mistake", Trump said of the Fed.

In his interview with CNBC, Trump said the Huawei dispute could be addressed as part of a trade deal with China. We got everything we wanted.

President Donald Trump on Monday said America will soon be leading the race to build out next-generation 5G.

G-20 finance ministers meeting in Fukuoka, Japan, over the weekend said trade and geopolitical conflicts are risking global economic growth, but at the US insistence, dropped a call to "recognize the pressing need to resolve trade tensions".

"Tariffs are a attractive thing when you are the piggy bank", Trump said.

Brilliant said they threaten the health of the United States economy, hurt farmers and consumers, and create an unstable atmosphere for the US' trading partners.

Trump says: "They have to start representing the United States, not just the companies that are members of the U.S. Chamber of Commerce".

"I guess he's not so brilliant", Trump said.

"Don't forget, the head of the Fed of China is President Xi, the president of China, he is also the head of the Fed".

U.S. Treasury chief Steven Mnuchin said Sunday that Trump would be "perfectly happy" to tax more imports from China if he can not reach a trade deal with Xi.

China reported on Monday its exports unexpectedly grew 1.1 percent in May from a year ago despite the higher US tariffs, but imports fell the most in almost three years.

"Yes it would", Trump told CNBC television when asked if a failure by Xi to come to the summit later this month in Japan would lead to the huge new tariffs kicking in.

Trump's broadside comes a week before the Fed meets in Washington, when it's expected to discuss whether an interest-rate cut is needed to help offset an economic slowdown caused by his trade war.

Sixty percent of companies said the tariffs on China provided the opportunity to recalibrate their plan.

Trump meanwhile again hinted that part of the deal he struck with Mexico is not yet public.

Fitch Ratings said on Monday any such move would be disruptive to the US technology sector and could hurt some Chinese sectors as well, though it added that it was too early to assess potential credit implications.

"With Mexico, what's going to happen is all the companies would immediately move into the United States. It will be revealed in the not too distant future and will need a vote by Mexico's Legislative body!"

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