- A win at this week's meeting between the US President Donald Trump and Chinese President Xi Jinping at the G20 summit in Buenos Aires could be unlikely, as accusations between the dueling superpowers drag on.
- A Sydney-based China expert fears Trump's understanding of the consequences of a full-blown trade war are inconsequential because he "simply doesn't care."
- Regional tensions are already high after China fired back at the president, following his administration's latest accusations of corporate espionage.
- The US's top trade representative has updated his investigation into China's alleged theft of US intellectual property, technology and trade secrets.
- Both sides would like to find a way to step back, but their hardline constituents are unlikely to accept any loss of face.
Any remaining optimism for the long-awaited meet between US President Donald Trump and Chinese President Xi Jinping at the G20 summit in Buenos Aires later this week have taken a big hit as the dueling superpowers fall deeper into a trade war.
The stakes have risen sharply in recent weeks just as relations between the US and China have skirted new lows.
See the rest of the story at Business Insider
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See Also:
- White House communications chief Bill Shine will reportedly receive $7 million from Fox while working for Trump
- Trump's economic sugar high is already fading, and his trade war could make it even uglier
- The US is asking the world to say no to Chinese tech-giant Huawei
SEE ALSO: The US is asking the world to say no to Chinese tech giant Huawei.
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