Trump-Xi meeting at G20 raises hope for trade truce

Xinhua said Trump requested the call. (File/AFP)
Updated 19 June 2019

Trump-Xi meeting at G20 raises hope for trade truce

  • Chinese president said the problems between US and China won’t benefit either sides
  • US and China raised tariffs on some of each other’s goods and companies

WASHINGTON: US President Donald Trump and Chinese leader Xi Jinping have agreed to meet at the G20 summit in Japan next week, raising hopes for a truce in the bruising trade war between the world’s top two economies.
The two leaders spoke on the phone on Tuesday, weeks after negotiations broke down when Trump accused Beijing of reneging on its commitments, hiked tariffs on $200 billion in Chinese goods and then blacklisted Chinese telecom giant Huawei.
The US president took a conciliatory approach this time.
“Had a very good telephone conversation with President Xi of China. We will be having an extended meeting next week at the G-20 in Japan,” Trump said on Twitter.
“Our respective teams will begin talks prior to our meeting,” he said ahead of the June 28-29 summit.
Xi noted that bilateral relations had encountered difficulties that were “not in the interest of either side” but he warned that dialogue must be conducted on “an equal footing.”
“China and the US will both gain by cooperating and lose by fighting,” Xi told Trump, according to state media.
Global shares were buoyed by the announcement, with Wall Street rallying on Tuesday and Asian stock markets surging on Wednesday.
The White House readout of the call said the leaders “discussed the importance of leveling the playing field for US farmers, workers, and businesses through a fair and reciprocal economic relationship.”
“I think we have a chance. China wants a deal. They don’t like the tariffs,” Trump told reporters at the White House. “I have a very good relationship with president Xi. We’ll see what happens.”
The White House repeated that the focus of the talks will be to address “structural barriers to trade with China and achieving meaningful reforms that are enforceable and verifiable.”
The United States and China seemed close to an agreement when talks collapsed last month.
Beijing retaliated to Trump’s tariffs and moves against Huawei by increasing custom taxes on $60 billion in US goods, creating its own list of “unreliable” companies and individuals and threatening to ban exports of rare earths to the United States.
Xi told Trump that the two countries must “accommodate each other’s legitimate concerns” and that “China hopes the US side can treat Chinese firms in a fair manner,” according to the official Xinhua news agency.
Trump had requested the call between the two leaders, according to Xinhua.
A week before the G20, Xi will visit North Korea on Thursday and Friday, his first trip there as president.
China is North Korea’s sole major ally, and analysts say Xi could use any leverage Beijing may have in the nuclear standoff between Washington and Pyongyang as a “bargaining chip” in his talks with Trump.
Trump economic adviser Larry Kudlow warned that there are “no guarantees” of any resolution in Osaka, Japan.
“Our position continues to be (that) we want structural changes,” Kudlow told reporters.
“They’ll have a good conversation. The fact that they’re meeting is a good thing.”
In an editorial, the state-run China Daily said Communist Party decision-makers, like White House counter-parts, “want to evade a full-blown trade war.”
“Since neither side appears ready to really slam the door shut on further negotiations, they should refrain from escalating tensions, and engage each other in a more constructive manner,” the daily said.
Global markets are concerned about Trump’s threat to impose more steep tariffs on an additional $300 billion in Chinese imports, which could hurt the already slowing Chinese economy and spread the gloom worldwide.
Trump last week threatened to “immediately” jack up tariffs should Xi fail to show up at the meeting. The United States already has 25 percent duties on more than $250 billion of imports from China.


FBI: Saudi shooter believed to have acted alone in US Navy base attack

Updated 09 December 2019

FBI: Saudi shooter believed to have acted alone in US Navy base attack

  • Special agent Rachel Rojas thanked Saudi Arabia for its cooperation in the investigation
  • Mohammed Saeed Alshamrani was shot dead after he opened fire and killed three people at the base in Florida

PENSACOLA: Investigators believe a Saudi Air Force lieutenant acted alone on Friday when he killed three people and wounded eight at a US Navy base in Pensacola, Florida before being fatally shot by police, the FBI said on Sunday.
Rachel Rojas, special agent in charge of the FBI’s Jacksonville office, said the shooter used a Glock model 45 9mm handgun that he had purchased legally in Florida.
“We currently assess there was one gunman who perpetrated this attack and no arrests have been made in this case,” Rojas, the lead investigator on the case, said at a news conference.
“We are looking very hard at uncovering his motive and I would ask for patience so we can get this right,” she said.
Authorities confirmed the suspect was a member of the Royal Saudi Air Force who was on the base as part of a US Navy training program designed to foster links with foreign allies.
The FBI identified him as Second Lt. Mohammed Saeed Alshamrani, 21.
A sheriff’s deputy fatally shot the gunman, authorities said, ending the second deadly attack at a US military base within a week. Within hours, Saudi Arabia’s King Salman had called US President Donald Trump to extend his condolences and pledge the Kingdom’s support in the investigation.
Rojas said there were several Saudi students who were close to the shooter and are cooperating with investigators.
“Their Saudi commanding officer has restricted them to base, and the Saudi government has pledged to fully cooperate with our investigation,” she said. “I thank the kingdom for their pledge of full and complete cooperation.”

Meanwhile, a second victim was identified as Airman Mohammed Sameh Haitham, 19, of St. Petersburg, Florida, who joined the Navy after graduating from high school last year, according to the Tampa Bay Times.
Haitham's mother, Evelyn Brady, herself a Navy veteran, said the commander of her son's school called her and told her Haitham had tried to stop the shooter.