Page 11 - THE SOUTH CHINA BUSINESS JOURNAL
P. 11
tart of the
US-China Trade
Negotiations
After many months of anticipation, on June 29th Shortly after the announcement Dow Futures rose
President Xi and President Trump met on the more than 150 points.
sidelines of the G20 at the International Exhibition
Center in Osaka, Japan at 11:48 A.M. JST. At the beginning of the meeting President Xi referred
to a profound moment in history to express the
The closed-door discussions lasted for more than importance of US-China relations. Below is the text of
one hour after which the two sides agreed to restart that the two Presidents’ opening statements:
trade negotiations. To the delight of the world
business community, at a later press conference US President
President Trump indicated that the US side will not Donald Trump and
add new tariffs on imports from China and the two Chinese President
countries' negotiating teams will work on specific Xi Jinping officially
issues. President Trump also indicated that US met on June 29 at
will effective immediately authorize sale of certain the G20 Summit in
components to Huawei. Osaka, Japan
The world stock markets have since reacted
positively to the newly announced improved relations.
South China Business Journal 8
US-China Trade
Negotiations
After many months of anticipation, on June 29th Shortly after the announcement Dow Futures rose
President Xi and President Trump met on the more than 150 points.
sidelines of the G20 at the International Exhibition
Center in Osaka, Japan at 11:48 A.M. JST. At the beginning of the meeting President Xi referred
to a profound moment in history to express the
The closed-door discussions lasted for more than importance of US-China relations. Below is the text of
one hour after which the two sides agreed to restart that the two Presidents’ opening statements:
trade negotiations. To the delight of the world
business community, at a later press conference US President
President Trump indicated that the US side will not Donald Trump and
add new tariffs on imports from China and the two Chinese President
countries' negotiating teams will work on specific Xi Jinping officially
issues. President Trump also indicated that US met on June 29 at
will effective immediately authorize sale of certain the G20 Summit in
components to Huawei. Osaka, Japan
The world stock markets have since reacted
positively to the newly announced improved relations.
South China Business Journal 8
