Trump optimistic about trade deal with XI

AWANI

U.S. President Donald Trump says he expects a “very successful meeting” with Chinese President Xi Jinping at the APEC Summit, but concedes the plan could still fall through.

Transcript

00:00U.S. President Donald Trump is signaling optimism about a possible meeting with Chinese President Xi Jinping.

00:06But he's also leaving the door open for it to fall through.

00:10He's expected to meet Xi in South Korea next week for the APEC summit

00:14and may also travel to China early next year at Beijing's invitation.

00:20If the sit-down happens, it would be their first face-to-face since Trump returned to the White House.

00:26But his position on meeting Xi has shifted multiple times in recent weeks.

00:31Trump's latest comments come just a day after he warned Beijing that tariffs of up to 155 percent

00:37could take effect on November 1st if no trade deal is reached.

00:42Still, he insisted a fair and great trade deal is possible once talks conclude.

00:48Earlier this month, Trump threatened to cancel negotiations altogether

00:51and imposed massive tariffs after China restricted rare-earth exports

00:56before later walking back those remarks.

00:59Trump says his meeting with Xi will cover this issue as well as on fentanyl, soybeans and Taiwan.

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