Donald Trump Says He Understands Spanish Better Than English Translation in Argentina
- Author: Jon Douglas Dec 01, 2018,
Dec 01, 2018, 1:44
The two leaders also reviewed the opportunities of Saudi non-oil exports to India as well as ways to develop bilateral trade through sustainable arrangements.
"We've known each other a long time", Trump said.
Mr Trump described the US-Mexico-Canada Agreement (USMCA) - which replaces the Nafta free trade deal - as "probably the greatest trade deal ever".
"We value our relationship with China very much and have a very important commercial relationship with China", said the official, who asked not to be named because he wasn't authorised to speak publicly about the issue.
Macri was speaking at a joint press conference with French President Emmanuel Macron, who said Khashoggi's murder was "very serious". "But we have a lot to talk about-a little bit of old times; about 95 percent business, I would say", Trump said.
In 2017, the USA bought more than $522 billion worth of goods from China.
Global summits are taxing events for any leader, but Trump has made his visits even more so by design, as the travel-averse president looks to minimize his time overseas.
"We've been going through some hard times, and your support, and your support for the deal with the International Monetary Fund, has helped us build a better future and start taking steps in that direction".
The G20 Summit 2018 will be taking place from November 30 to December 1.
Global markets are also rattled at the prospect of the impasse remaining unresolved, more so after the US and China fell out over trade-related issues at the recent APEC summit, and, for the first time, no joint communique was released. But he said: "If this is so, the president will have a couple of extra hours in the programme for useful meetings on the sidelines of the summit".
One leader Trump will not be seeing in a one-to-one meeting is Russian President Vladimir Putin.
The G20, made up of 19 of the world's most industrialised nations plus the European Union, accounts for 85 percent of the world's economic output and two-thirds of the world's population.
It has been a hard year for President Macri, as his country has been plagued by economic problems recently.
However, the strength of the U.S. economy has been cast into doubt as stocks on Wall Street have become more volatile and Trump has publicly expressed his anger at Federal Reserve chairman Jerome Powell for raising interest rates.
Last year's summit, in the German city of Hamburg, was marred by violent protests.
"In the manufacturing chain, China occupies the low end and middle section, while the United States is on the middle to high end".
The summit was held in tight security conditions, following threats of violent disruption from some groups in Buenos Aires.