President Trump is being the boss of the G20 in Argentina. A big story, not being widely covered, are the battles being won with China.<\/b>
\nWASHINGTON: Most people do not pay a ton of attention to the G20 summit. In the past it seemed to be little more than an executive retreat. Lot\u2019s of talk and photo ops, but no real progress. President Trump has changed all that. At the G20 in Argentina, he is the boss. And he is there to get things done. At G20, the President of the United States, Donald J. Trump, and President Xi Jinping of China, have both said there was a \u201chighly successful meeting\u201d between themselves and other world leaders.
In what is being termed a humanitarian gesture, President Xi has agreed to designate Fentanyl as a Controlled Substance. This will hold anyone selling, or exporting Fentanyl to the U. S. from China, to China\u2019s maximum penalty under the law.
President Trump has agreed that on January 1,2019, he will not increase tariffs on $200 billion worth of product from 10% to 25%. China will agree to purchase a not yet agreed upon, but very substantial, amount of agricultural, energy, industrial, and other product from the United States to reduce the trade imbalance between our two countries.
China has agreed to start purchasing agricultural products from our farmers immediately.
President Trump and President Xi have agreed to negotiate the transfer of technology including non-tariff barriers, cyber intrusions, and cyber theft, services, and agriculture. Both parties agree that they will endeavor to have this transaction completed within the next 90 days.
If at the end of this period of time, the parties are unable to reach an agreement, the 10% tariffs will rise to 25%.
It was also agreed that great progress has been made with respect to North Korea. President Trump, together with President Xi, will strive, along with Chairman Kim Jong Un, to see a nuclear-free Korean Peninsula. President Trump expressed his friendship and respect for Chairman Kim. In addition, China\u2019s President Xi says he is open to approving the Qualcomm-NXP deal should it again be presented to him.
Jacquie Kubin is an award-winning writer and wanderer. She turns her thoughts to an eclectic mix of stories — from politics to sports.
Restless by nature and anxious to experience new things, both in the real world and online, Jacquie mostly shares travel and culinary highlights, introduces readers to the chefs and creative people she meets and shares the tips, life and travel information people want to read.<\/p>\n