Wilbur Ross says Trump and Xi may think reviving talks worthwhile

Business | Jun 12, 2019 20:51
<p>The U.S. Commerce Secretary Wilbur Ross said the Group of 20 leaders summit in Japan later this month might be a forum where President Donald Trump and his Chinese counterpart Xi Jinping are able to meet and restart trade talks, Bloomberg reports.</p><p>&ldquo;Probably, at the 40,000-foot level, the level of the two presidents, the most that&rsquo;ll be done is they&rsquo;ll decide it&rsquo;s worth reopening,&rdquo; Ross said in an interview today on Bloomberg Television. &ldquo;I don&rsquo;t think that a G-20 pull-aside is a very likely place for the details of a 2,500-page agreement to be worked out. That needs to be in a conference room with detailed, technical people.&rdquo;</p><p>Ross said it&rsquo;s too soon to speculate about the outcome of any meeting between the two leaders. The Chinese foreign ministry has declined this week to say whether such a bilateral discussion is scheduled at the June 28-29 summit.</p><p>&ldquo;We shouldn&rsquo;t try to pick out what&rsquo;s going to happen from a meeting that, as I understand it, hasn&rsquo;t even yet been scheduled,&rdquo; Ross said. &ldquo;So it&rsquo;s a little hard to say what&rsquo;s going to be the subject matter when we don&rsquo;t know for certain whether or not they&rsquo;ll even have a meeting.&rdquo;</p>

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June 2019