US President Donald Trump says he is optimistic a closely watched meeting with his Chinese counterpart can result in a historic trade accord.
“I will say that this can be a very productive meeting and I think we can go on to do something that will be truly monumental,” Trump said at the start of talks with President Xi Jinping, held on the margins of the G20 summit in Japan.
Trump said he’d befriended Xi though lengthy sessions spent together, and he was looking forward to securing some type of agreement.
“We’ve had an excellent relationship but we want to do something that will even it up with respect to trade,” Trump said.
Trump on trade talks: Referring to a breakdown in negotiations in May, Trump said the two sides were “very close and then something happened where it slipped a little bit, but now we’re getting a little closer.”
He said a deal would be “historic” if it could be reached, but offered no indication of concessions or outcomes from the session, which is now underway.
Trump declined to answer a question about the Chinese telecom giant Huawei.