Jakarta expects 'a miracle' at Xi-Trump trade talks

Business | 27 Nov 2018 6:31 pm

Indonesian President Joko Widodo expressed pessimism in Jakarta today that the United States and China will resolve their trade dispute when the leaders of the world's two biggest economies meet at the G20 summit in Argentina.

"I'm hoping for a miracle during the G20 meeting, that they will come together, but my feeling is they won't," he said, Reuters reports.

Washington and Beijing, represented by Vice President Mike Pence and President Xi Jinping, respectively, were hostile during meetings at the Asia-Pacific Economic Cooperation gathering in Port Moresby last week, Widodo said.

Indonesia had sought to mediate between the two during the APEC meeting, but by the afternoon it was clear that the two giants could not agree, he said.

"This is the first time in 29 years of APEC that an APEC meeting produced no communique," Widodo told a forum in Jakarta attended by chief executives of Indonesian companies. "APEC shows that the trade war between the U.S. and China will likely persist," he said.

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