Branstad Sees Hope for US-China Trade Situation

Attempts to resolve a damaging trade war between the U.S. and China are expected ahead of a planned meeting between President Donald Trump and Chinese President Xi Jinping at the G-20 in Argentina at the end of November, according to U.S. Ambassador to China Terry Branstad."We want this to be a constructive, results-oriented relationship with China," Branstad said. "The U.S. is not trying to contain China but we want fairness and reciprocity."Xi said last week that China wants to resolve problems through talks, but Washington must respect Beijing's choice of development path and interests.Regarding U.S./China trade issues, USDA Secretary Sonny Perdue issued a statement saying he "expressed optimism that President Trump's approach to trade will lead to a resolution of the dispute with China."Meanwhile, a Trump administration source informs that the goal is to have a major U.S./China agreement in place or a framework agreement in principle by the end of January 2019.