As G-20 summit opens, contentious issues loom on sidelines

Trump’s Chinese Tariffs Target Consumer Electronics, Including Sony and PlayStation

Trump said Thursday: "I like the deal we have now".

G20 powers have descended on Argentina for two days of talks, dominated by US President Donald Trump's efforts to realign world trade, while eyes swing to the sidelines where Western leaders will meet Saudi Crown Prince Mohammad bin Salman for the first time since Jamal Khashoggi's killing.

Speaking to the Wall Street Journal, Trump said that the only deal he would take from China would be to open up to United States competition.

The crown prince chatted with US President Donald Trump during the formalities, and had meetings with Narendra Modi, prime minister of India, where a number of commercial initiatives between the two countries were discussed.

In September, the U.S. slapped a 10 per cent tariff on an additional $200 billion in Chinese imports, and that levy will rise to 25 per cent in January 2019, and Trump threatened to include another $267 billion worth of Chinese exports in the punitive measure.

And if the leaders fail to reach a consensus in Buenos Aires, it will be the second such failure of a summit hosted by Argentina after members of the World Trade Organization (WTO) failed to make any headway last December.

He's put tariffs on $250 billion of Chinese-made goods this year in an effort to make US-made products more attractive to consumers.

"There is some anecdotal evidence that United States importers are likely pulling forward orders to get ahead of additional tariffs on Chinese goods, which could be one of the factors driving imports higher in recent months", said Pooja Sriram, an economist at Barclays.

The United States president has met Mr Morrison at the G20 in Argentina and the leaders spoke about trade in their first ever meeting.




Navarro's presence at the dinner table alongside Trump reflects a change in plans after the White House said Navarro wouldn't join Trump's more moderate advisers like Treasury Secretary Steven Mnuchin for the trip to Argentina.

"China will make efforts to further open its door to the outside world", Xi told the Spanish Senate.

The trilateral, which would be an expansion of the bilateral meeting between Trump and Abe, is part of the series of meetings the USA president would have on the sidelines of the G-20 summit on November 30 and December 1.

Trump, standing in between his Canadian and Mexican counterparts, said the new deal was a model agreement that would stop auto jobs from going overseas, protect intellectual property rights and provide robust protections for digital trade and financial services.

On Wednesday, Trump said he canceled his planned meeting with Russian President Vladimir Putin, "Based on the fact that the ships and sailors have not been returned to Ukraine from Russia".

It must still be ratified by lawmakers in all three countries, and passage in the USA could face a tough road in the House of Representatives after Democrats won a majority in November midterm elections.

The same disputes were hobbling adoption of a G20 communique, observers said.

"His message should be that everybody who wants to invest must come to South Africa and it is a safe place to invest".

Macri was speaking at a joint press conference with French President Emmanuel Macron, who said Khashoggi's murder was "very serious".

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