China mum on meeting of President Donald Trump with Chinese leader Xi Jinping as Huawei says sales slowing

Wong Wai Bor for The Associated Press:

Attention is turning to a possible meeting of President Donald Trump with Chinese leader Xi Jinping at a summit in Japan later this month as the next step in the vexing trade standoff between the two biggest economies.

The Chinese government would not confirm Tuesday that such a meeting will take place… Trump has imposed 25% tariffs on $250 billion worth of Chinese exports and is preparing to expand them to cover another $300 billion. Beijing has hit back with its own retaliatory tariff increases… Trump wants China to commit to curbing its longstanding, huge trade surplus with the U.S. The conflict also reflects deeper concerns over China’s ambitions to help its own industries gain a lead in key technologies such as robotics and artificial intelligence.

MacDailyNews Take: That’s a particularly wordy, obfuscating way of saying the U.S. would like for China to stop stealing American intellectual property.

Meanwhile, at a consumer electronics show in the business hub of Shanghai, a top executive of telecom gear maker Huawei Technologies hinted that pressure from Washington on other countries to exclude it from next-generation, or 5G, telecom networks is taking a toll on its sales.

MacDailyNews Note: President Trump earlier today tweeted:

16 Comments

        1. Results?
          Well he – uhhh –
          – gave a boatload of money to the rich… and a few crumbs to people in general to keep them quiet.
          – has exploded the national debt.
          – has provided employment to more criminals and incompetents than any other president, ever.
          – has – uhhh – given a lot of speeches about how tremendous he has. Very tremendous… a stable genius who knows better than the intelligence agencies and generals what is going on.
          – has given the green light to Russia and others to interfere in future elections.
          – has pretty much turned the US into a laughingstock world-wide.
          And he is well on the way to destroying democracy.
          So he really has gotten some quite substantial results.

          1. You seem to be confused so we will just leave it at that. The other option is you are a pathetic little bitch, whining and sniveling because those mean ol’ ‘lefties’ are better and more intelligent than you are.

            You can again, just shut up.

      1. If it’s bad “reality TV” you want, that’s what you get with this incompetent circus. “Extreme vetting” to pick “all the best people” has resulted in a swamp more full than ever of criminals and buffoons. Oh yeah, and average economic growth has consistently lagged that of the Obama administration, the Bush administration, and the Clinton administration. Ain’t it great?

        The revolving door of idiots got too hard to ignore for me long ago. Why can’t you see the truth?

  1. “Had a very good telephone conversation with President Xi of China.”

    Manipulating the stock market again. If Trump, his family and friends were ever really investigated for insider trading, this sort of public statement would be the clincher…

  2. MacDailyNews Take: That’s a particularly wordy, obfuscating way of saying the U.S. would like for China to stop stealing American intellectual property.”

    Plain language. It’s sooo lovely and appreciated.

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