More US Tariffs on China Goods Not "Set in Stone"

U.S. President Donald Trump

Earlier, U.S. President said that he had fruitful talks with the Chinese President, during which they discussed trade relations between China and the United States.

"I think we'll make a deal with China, and I think it will be a very fair deal for everybody", Trump said Friday at the White House before leaving for political rallies in West Virginia and Indiana.

His comments came one day after Trump spoke with Chinese President Xi Jinping over the phone.

"I think that we will reach agreement with China, and I think it'll be a fair deal for all", said trump.

"Those discussions are moving along nicely", Trump wrote on Twitter on Thursday. According to Trump, a lot of progress has already been made to help resolve the dispute between the two superpowers.

Trump also offered to host a "Western-style" dinner for Xi on December 1, after the G20 leaders' meeting, an invitation that Beijing had tentatively accepted, people familiar with the matter told the South China Morning Post.

White House economic adviser Larry Kudlow downplayed the potential for a quick deal.

Thursday's meeting was the first telephone conversation between the leaders in six months of which is openly reported.

News signaling improvements in US-China ties, in turn buoying the markets, would provide the president a chance to vie for support in midterm elections on Tuesday that will decide whether the Republicans keep control of Congress.

Prince Charles pays historic visit to Asantehene
The Gambia was welcomed back into the Commonwealth during a visit by the Gambian president to London earlier this year. Therese's School, Camilla attended a Commonwealth Big Lunch with Britain's High Commissioner to The Gambia.

Trump has imposed penalty tariffs of up to 25 percent on $250 billion of Chinese goods in a dispute over Beijing's plans for state-led development of technology industries. Trump said after he talked to Xi over phone.

Trump told reporters in Washington that "I know they want to make a deal". His critics say the trade pacts that he has so far completed, including a renegotiation of Nafta, represent little more than incremental improvements.

"If this does turn out to be ZTE round 2, the president will be attacked by Democrats, and some Republicans, for talking a huge game on China but instead being played", said Derek Scissors, a China expert at the American Enterprise Institute.

"Given his [Trump's] poor track record on policy credibility in the past year, we'd better not hold out too much hope", Lu said.

Despite the promise offered by the Trump-Xi telephone call, the level of tension between the two nations was demonstrated just hours after it ended when the USA filed charges against Chinese technology firm Fujian Jinhua Integrated Circuit Co and its Taiwanese partner.

A key point of contention for the USA has been its allegations that China has engaged in widespread intellectual property theft.

China and the United States are locked in a trade war, and both countries have already placed tariffs on some of each others' imports.

Tensions have increased in recent months with United States officials accusing China of meddling in the USA midterm elections, conducting cyber espionage and military aggression.

Trump's posture toward China has been closely watched by investors, who are looking for the possibility of tensions cooling.

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