G20 summit: Trump talks trade, China's Xi warns against protectionism

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[OSAKA] US President Donald Trump made clear on Friday that trade was a top priority at a summit of leaders of Group of 20 nations, as Chinese leader Xi Jinping warned against rising protectionism and India and Russia defended multilateral trade rules. Read more at The Business Times.

US President Donald Trump made clear on Friday that trade was a top priority at a summit of leaders of Group of 20 nations, as Chinese leader Xi Jinping warned against rising protectionism and India and Russia defended multilateral trade rules.[OSAKA] US President Donald Trump made clear on Friday that trade was a top priority at a summit of leaders of Group of 20 nations, as Chinese leader Xi Jinping warned against rising protectionism and India and Russia defended multilateral trade rules.

Washington has pressed its allies to shun Huawei in their fifth generation, or 5G, networks on security grounds, but has also suggested it could be a factor in a trade deal with Chinese President Xi Jinping, whom Mr Trump meets on Saturday."The trade relations between China and the United States are difficult, they are contributing to the slowdown of the global economy," he told a news conference."All this is destroying the global trade order...

Tokyo and Washington are engaged in difficult trade talks as Mr Trump's administration seeks to lower the US trade deficit. "We will fight at all costs, right? But if we're attacked, Japan doesn't have to help us at all. They can watch it on a Sony television, the attack."

 

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Seoul: Stocks flat as Trump-Xi meeting looms large[SEOUL] South Korea's KOSPI stock index traded flat on Friday as investors exercised caution ahead of the meeting between US President Donald Trump and his Chinese counterpart Xi Jinping. The Korean won was steady, while the benchmark bond yield fell. Read more at The Business Times.
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