G20 Summit: Trump to STOP China trade war as Beijing to buy ‘tremendous amount of US food’

Saturday, June 29, 2019
By Paul Martin

THE G20 Summit is currently taking place in Osaka, Japan, where US President Donald Trump has signalled an end to the US trade war with China.

Sat, Jun 29, 2019

The US President said he would keep current tariffs in place, but is standing back from taxing $350bn worth of goods from China, and in return China will purchase “spending money with our farmers”. In a press conference before he left the summit this evening, Mr Trump said: “We had a great meeting. Many of you were at the event in China a year ago when I’d never seen anything like it. We talked about it last night when we had dinner.

“In Beijing the red carpet was rolled out for this country. We had a great meeting and we will be continuing to negotiate and I promise that for at least the time being we’re not going to be lifting tariffs on China. We won’t be adding an additional, I guess we have $350bn that could be taxed but we’re not going to do that.

“We’re going to work with China where we left off. China will be consulting with us and will be spending money with our farmers in the Mid West – the great patriots.

“China will be buying a tremendous amount of food and agricultural product. They will start that very soon.

“Our farmers will be a tremendous beneficiary. Fifteen years ago farms and farmers had a bad time and a lot of it was because NAFTA was a terrible deal.”

Mr Trump also caused shock by inviting Kim Jong Un to meet him at the North Korean border.

The US President said that he hoped to see the North Korean leader at the demilitarised zone (DMZ) between North and South Korea over the weekend in a bid to resolve the ongoing dispute over the rogue nation’s nuclear weapons programme.

He is due to arrive in South Korea later today and then leave the country on Sunday to return to Washington.

He tweeted: “While there, if Chairman Kim of North Korea sees this, I would meet him at the Border/DMZ just to shake his hand and say Hello?!”

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