The Wall Street Journal reported that the U.S. and China are in the early stages of discussions regarding a potential summit between President Donald Trump and Chinese President Xi Jinping, which could take place in June in the U.S.
This information was shared with The Wall Street Journal by sources.
The planned summit talks are unfolding amid the backdrop of the U.S. administration intensifying its trade measures against China.
Since Trump’s election victory in November, both U.S. and Chinese leaders, through their representatives, have shown interest in holding a summit. Recent discussions regarding the meeting indicate that both parties are seeking to build goodwill in the face of escalating trade tensions, which are affecting global markets and businesses.
However, sources emphasize that no final decision has been made regarding the summit.
Furthermore, sources suggest that Beijing has expressed a preference for hosting the summit in China, fearing that a meeting in Washington could devolve into a contentious affair, similar to what occurred with Ukrainian President Volodymyr Zelensky.
In related developments, on March 4, President Trump imposed new tariffs on goods from Canada and Mexico, while increasing tariffs on China to 20%. In response, China raised import duties on American agricultural and food products worth $21 billion.
