Trump Prepares For ‘Productive’ Talks With Xi on Trade War

President holding firm on escalating tariffs for now

Image Credits: Xinhua/Li Tao via Getty Images.

U.S. President Donald Trump on Friday said he hoped for productive talks with Chinese President Xi Jinping on a trade war that is casting a shadow on global growth, but said he had not made any promises about a reprieve from escalating tariffs.

The trade feud and signs of a global slowdown has loomed over a two-day Group of 20 (G20) summit in the Japanese city of Osaka, where Trump and Xi met in passing, and prepared for one-on-one talks on Saturday.

Kim Kyung-Hoon – Pool/Getty Images

To lay the groundwork for the talks, Chinese Vice Premier Liu He met Trump’s treasury secretary, Steven Mnuchin, and Trade Representative Robert Lighthizer at the hotel where the U.S. delegation was staying, a source familiar with the talks said.

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