Trump administration puts onus for a trade ‘breakthrough’ on China’s President
|Washington (CNN)White House economic adviser Larry Kudlow on Tuesday dangled the possibility of a “breakthrough” between President Donald Trump and his Chinese counterpart on trade at their upcoming Argentina meeting — but again said China has to blink first.
Trump and Chinese President Xi Jinping are set to meet Saturday evening for a formal dinner on the sidelines of the G20 meeting in Buenos Aires, their only scheduled meeting before January 1, when tariffs imposed by Trump on more than $200 billion in imports are set to jump to 25%.
Kudlow said the dinner could afford the two sides a chance to “turn a new page” in their bilateral economic relationship if Xi can “step up” and present a few new ideas to the United States.