(G20) Trump seeking historic trade deal with ChinaBusiness | 29 Jun 2019 11:06 am
US President Donald Trump says he is open to an 'historic' trade deal with China, as he began talks with President Xi Jinping in Osaka, Japan today.
Xi said that a basic fact remains unchanged despite changes in the international situation that China and the United States both benefit from cooperation and lose from confrontation, Xinhua reported.
Trump said he was open to a trade deal that would be "monumental.''
"I actually think that we were very close and then something happened where it slipped a little bit and now we're getting a little bit closer," Trump said.
"But it would be historic if we could do a fair trade deal. We're totally open to it and you're totally open to it," he said.
"I think this will be a very productive meeting and I think we can go on to do something that truly will be monumental," he added, Reuters reports.
The US Secretary of State Mike Pompeo, Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, White House trade policy adviser Peter Navarro, and the national security adviser John Bolton, were among Trump's team at the talks, while Chinese Vice-Premier Liu He, Commerce Minister Zhong Shan, and Foreign Minister Wang Yi were among those accompanying Xi.