Trump, Xi Jinping Likely To Meet During October APEC Summit In South Korea: Report
He has called for a universal base tariff rate of 10 per cent on goods imported from all countries, with higher rates for imports from the most 'problematic" ones, including China, where imports now have the highest tariff rate of 55%.
The Reuters reported that Trump has set a deadline of August 12 for the US and China to reach a durable tariffs agreement.
The two countries' most recent high-level meeting was on July 11, when US Secretary of State Marco Rubio and Chinese Foreign Minister Wang Yi had what both described as a productive and positive meeting in Malaysia about how trade negotiations should proceed.
Rubio noted then that Trump had been invited to China to meet with Xi, and said that both leaders 'want it to happen."
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