China Eyes US Oil and Soybean imports, says Trump
US President Donald Trump claimed on Friday that China seeks to purchase oil and soybeans from the United States, following his meeting with Chinese leader Xi Jinping during his official visit to Beijing.
"They've consented to purchase oil from the United States," Trump stated.
China, a major overseas buyer of Iranian oil, purchased limited quantities of US oil prior to Trump's tariffs last year and has significantly reduced its purchases of US soybeans, opting to source from Brazil instead.
He also brought up the matter of Visa in a discussion with China's President Xi Jinping, seeking increased access to China's credit card market.
The US president will conclude his trip to Beijing on Friday with a personal meeting at Xi Jinping's official residence.
In a succession of meetings and events, the US and China addressed various topics including the Iran conflict, trade, technology, and Taiwan.
Trump stated that Xi has offered support as China aims to assist in negotiating an end to the conflict and a reopening of the Strait of Hormuz. Trump stated that Xi guaranteed him China would not supply Iran with military arms.
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In the meeting, Xi cautioned Trump that disagreements regarding Taiwan might lead to confrontations or conflicts between the US and China. This statement follows the US president's approval of an $11 billion arms deal for Taiwan in December, yet delivery has not progressed.
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Trump concentrated on trade and agreements for Beijing to purchase additional agricultural goods and passenger aircraft, establishing a committee to resolve their disputes and prevent a recurrence of the trade conflict sparked last year following Trump's tariff increases.
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"He's completely focused on business," Trump stated in an interview with Fox News after the meeting with Chinese leader Xi Jinping on Thursday. “There aren't any games.” "There's no conversation about how pleasant the weather is."