Article snippet: Senate Republicans are pressing MORE to strike a trade deal with China or to at least make significant progress at the Group of 20 (G-20) summit in Osaka, Japan, where Trump will meet with Chinese President Xi Jinping. Republican lawmakers are eager for Trump to reach an accommodation with China, or at least hold off on another round of tariffs on $300 billion on Chinese imports that would hit American consumers by raising the prices of agricultural imports, housewares and electronics. GOP senators at a private meeting this week impressed on Trump’s top economic adviser, MORE, the need for a breakthrough. “I really hope President Trump and President Xi can put aside the differences and do what’s in the best interests of both countries,” said Sen. MORE (R-Wis.). “In terms of the economy, I think it’s pretty important.” “I think we haven’t really begun to see the true impact to our own economy,” he added. “I hope both sides will recognize the economic benefits to doing a deal. I hope both sides will be gracious to the other. Trade should be a win-win situation.” Johnson said he delivered that message to Kudlow during a meeting with the Senate Republican Conference. Trump and Xi are expected to sit down together Saturday. U.S. and Chinese trade delegations met Friday, with U.S. Trade Representative MORE and Chinese Vice Premier Liu He in attendance. The U.S. and China account for almost 40 percent of global gross domestic product — 22 percent and 15 percent, respe... Link to the full article to read more
GOP lawmakers press Trump to cut deal with China at G-20 | TheHill
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