Business Maverick: Xi Condemns ‘Bullying’ Ahead of Meeting With Trump: G-20 Update

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Business Maverick: Xi Condemns ‘Bullying’ Ahead of Meeting With Trump: G-20 Update By Tim Cohen tim_cohen

Key things to watch include any signs of a breakthrough in U.S.-China trade talks, efforts to stem rising tensions between the Trump administration and Iran, and concrete action to lower emissions and reduce plastic pollution in oceans. Major agenda items include President Donald Trump’s meetings with Russian President Vladimir Putin and German Chancellor Angela Merkel.

“I think we’re going to have some very big things to announce,” he said on India. “Very big trade deal.” Abe gave Trump a document titled “Japanese Investment Update” that listed Japanese companies with factories in the U.S. “Japan has FIVE additional investments in JUST ONE MONTH,” the document said, noting projects in Kentucky, Michigan, Alabama and two in Tennessee. The timing of the projects was not clear.Modi expressed appreciation for Trump’s congratulations after he won re-election in May.

Ahead of the G-20, Trump complained in a tweet about India raising tariffs on American exports. He ignored that the move was retaliation for the U.S. president acting earlier this month to end trade concessions on $6.3 billion of Indian goods. New Delhi raised tariffs on Wisconsin-based Harley-Davidson Inc. motorcycles to as much as 100%, striking directly at a state the president considers crucial to his re-election next year.

 

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