The trade deal Trump and Xi should agree on at G20

Friday, October 18, 2019 - 3:00pm

By: Myron Brilliant

All eyes will be on President Donald Trump and Chinese President Xi Jinping when they meet this week at the G20 summit in Japan.

The stakes couldn't be higher. This summit offers an important chance to stave off a prolonged trade war between the world's two largest economies, one that would throw the entire global economy into a tailspin.

Until May, US-China relations seemed on the mend. Top officials on both sides engaged in intense shuttle diplomacy and late-night trade talks. It looked like a year of tit-for-tat tariffs — which President Trump originally imposed to combat China's forced technology transfers, intellectual property theft, market protectionism and other unfair trade practices — might soon come to an end.

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