As crucial US-China talks loom, Trump may be better placed

Trump coy on China trade deal before meeting Xi

But US growth remains on pace for a little over three percent this year, and Kudlow noted that the US economy is in a strong position, while China is slowing and is in "a slump".

Prime Minister Narendra Modi on Thursday reached Buenos Aires, the capital of Argentina to attend the G-20 summit where he will discuss ways to meet the new and upcoming challenges of the coming decade with other world leaders, including US President Donald Trump. The world will be watching to see if the two leaders come away with a breakthrough to end their escalating trade war, which has seen the United States slap tariffs on $250 billion worth of Chinese goods, with Beijing responding in kind.

"As in the past, I look forward to the opportunity to meet leaders on the sidelines of the summit to exchange views on bilateral matters of mutual interest", PM Modi had said in his departure statement.

"With one of the most important meetings in recent times between the USA and China on Friday, markets are supported by a potential improvement in the relations between the two biggest economies, said Mihir Kapadia, CEO and founder of SGI".

Still, some Democratic lawmakers want Trump - even if deals aren't likely - to make clear to Xi that he is willing to try to create an environment under which reaching an agreement might be more feasible.

What do the White House Christmas decorations look like?
What do you think of this year's White House Christmas display? The Red Room, decorated to highlight the " Be Best " initiative. There are also 72 handmade paper ornaments representing six of the country's regions hanging from four 14-foot Noble fir trees.

President Donald Trump raised the prospect of slapping a 25 percent tariff on imported cars and ordered a review of China's retaliatory auto tariffs against the U.S.as his administration scrambled to respond to General Motors' announcement of plant closures this week.

"As far as other countries are concerned, that's up to them". Otherwise, I don't see a deal being made.

The discussions in Argentina will center around a 142-point list of USA demands reportedly floated between American and Chinese negotiators in recent weeks, a collection of asks that may be edited and refined in the coming weeks.

"I really don't know, but I will tell you that I think China wants to make a deal", he continued. But the charm offensive seems to have ended, having failed to keep Trump in the Paris climate accord or in the Iran nuclear deal, and with Trump imposing trade tariffs and threatening more.

President Trump tweets that his decision to cancel his scheduled meeting with Russian President Putin is based on Russia's refusal to return seized ships and sailors to Ukraine.

River Plate vs Boca Juniors return leg postponed for second day running
A decision is expected by November 27, in a meeting including representatives from Boca and River , in Asuncion, Paraguay. Boca argued their players were in no condition to play the game on Saturday and raised the same point again on Sunday.

Both GM and Ford have said the rise in raw material costs generated by the tariffs will cost each company about US$1b of earnings.

State Department spokesperson Heather Nauert said in the statement that the USA top diplomat would attend G20 plenary sessions as well as the president's bilateral meetings with leaders from other G20 countries.

Xi said on Wednesday the global community needs to build consensus to solve the conflict between free trade and protectionism.

Trump campaigned on reducing the trade imbalance with China, which totaled $335.4 billion previous year. Trump has apparently not yet decided whether this new tariff will be 10% or 25%, but when asked about potential backlash, he indicated that consumers would "very easily" accept a 10% increase on phone prices. Since then, communications have picked up between the two sides, said Kudlow.

"Perhaps we can break through in Buenos Aires or not", he said.

Taiwan voters reject same-sex marriage referendum
Not enough votes were cast to make the results valid, and in any case more people voted against a name change than for one. Supporters of the opposition nationalist KMT celebrate in Kaohsiung, Taiwan, on Saturday.

In 2011, Trump claimed "China is raping this country" during a tour of a defense manufacturer in New Hampshire, local media reported.

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