Speaking at a joint appearance with Xi in front of business leaders, Trump said the U.S. trade relationship with China is “a very one-sided and unfair one.”But, he quickly added: “I don’t blame China. In his remarks here, Trump reiterated that the United States must “change its policies,” but he offered no details about actions his administration will pursue. Trump has announced intentions to withdraw the United States from that agreement, but Xi has pledged to make China a leader on reducing carbon emissions. On trade, Tillerson called the deals struck at the summit relatively “small in the grand scheme of things,” given a trade deficit of more than $300 billion a year. And despite the pageantry surrounding the visit and an eagerness of the Chinese to reset their relationship with the United States, Xi – now arguably his nation’s most powerful leader since Mao Zedong – appeared emboldened to demand concessions from the United States.

Source: National Post November 09, 2017 14:03 UTC