Thursday, 20 January 2022

 

 

LATEST NEWS Health services are continuously improving during the tenure of the present state government : Anil Vij Jai Ram Thakur launches Apna Kangra App and Apna Kangra hamper at Dharamshala AAP’s CM candidate Bhagwant Mann to contest from Dhuri Lehra Vikas Manch President Advocate Barinder Kumar Goyal joins AAP Medical reimbursement facility to be provided to all retired employees of HPBSE : Jai Ram Thakur Rahul Gandhi aide holds Twitter poll for Punjab CM, Channi comes first FII outflows plunge equity indices; Sensex, Nifty settle 1% down Post-Covid fatigue is a real thing : Swara Bhaskar Aanand L. Rai: 'Atrangi Re' is fiction, doesn't offer solution to mental illness IED blast in busy Lahore market leaves two dead, several injured Shoot to Thrill: Aparshakti Khurana excited to grab the gun again Australia rise to top of ICC Test rankings, India slip down to third spot Fra Fee joins 'Beauty and the Beast' prequel series Rohit Sharma, Rishabh Pant and Ravichandran Ashwin included in ICC Men's Test Team of the Year Malayalam actress Anna Ben tests positive for Covid Lakshmi Manchu urges Telangana govt to institutionalise digital education 'Gehraiyaan': Deepika, Siddhant, Ananya get tangled in complex web of relationships Mithali Raj, Jhulan Goswami named in ICC Women's ODI Team of the Year Hrithik Roshan shares glimpse of his 68-year-old mother's intense workout Akhilesh Yadav to revive Yash Bharti awards if voted to power No Indian in ICC Men's ODI Team of the Year captained by Babar Azam

 

Trade talks 'back on track' as Donald Trump, Xi Jinping agree to resume negotiations

5 Dariya News

Osaka , 29 Jun 2019

US President Donald Trump and his Chinese counterpart Xi Jinping on Saturday agreed to resume trade negotiations in an effort to end an ongoing impasse between the two economic giants.Speaking to the media after his highly-anticipated meeting with Xi on the sidelines of the ongoing G20 Summit here, Trump said: "We had a very good meeting with President Xi of China. Excellent, I would say excellent. As good as it was going to be. "We discussed a lot of things and we're right back on track and we'll see what happens."Trump however, did not give any other details, saying that an official statement would be released by the two sides later in the day.According to Xinhua news agency, the US agreed to not impose new tariffs on imports from China and the two sides agreed to discuss "specific issues" to end the turbulent trade war going on between the two countries since last year. Trump and Xi agreed to carry out the consultations "on the basis of equality and mutual respect", a condition put forward by Xi for reaching a deal in earlier trade negotiations, Xinhua added.Xi said that despite changes that have taken place internationally and between China-US relations over the past 40 years, "one basic fact remains unchanged: China and the United States both benefit from cooperation and lose in confrontation".

"Cooperation and dialog are better than friction and confrontation," Xi said at the start of the meeting, adding that he wanted to maintain frequent contact with the US president to boost stable bilateral relations. The meeting showed both leaders' apparent willingness to restart discussions after the breakdown in negotiations in May and the subsequent exchange of tariff increases. The truce suggests that the two sides will not impose fresh measures to worsen the situation, but it remains to be seen whether they are really ready to make concessions to reach a final deal. There has been no agreement yet on key issues such as the difficulties US companies face in accessing the Chinese market, or once there, the handicaps they face against state enterprises, subsidized by Beijing. Common ground has also been missing on intellectual property rights, the forced transfer of technology or cyber-security - topics that the two sides are expected to discuss in the coming months. The Washington-Beijing tensions have their origins in the large US trade deficit with China, as the latter exports products worth $419 billion more than it imports from its biggest trading partner, the US. The last chapter of escalation in the conflict unfolded in May when the US raised tariffs to 25 per cent on Chinese imports worth $200 billion, to which Beijing responded by raising tariffs on US products worth $60 billion.

 

Tags: Donald Trump , Xi Jinping

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD