FIRST AIRED: November 23, 2018

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Transcript

00:00:00
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00:00:01
Chinese officials Friday called for US trade talks to be equal and mutually beneficial. That's ahead of expected dialogue between President Donald Trump and Chinese leader Xi Jinping next week. Amid an ongoing trade war, the two sides' leaders are set to meet on the sidelines of the G20 summit in Argentina.
00:00:20
In Beijing on Friday, China's Vice Commerce Minister said he hopes there's a way forward through dialogue.>>
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> The trade delegates from both sides have been in close contact recently and had constructive discussions on the topics that each side is concerned with.>> Washington wants Beijing to meet its list of trade demands.
00:00:38
Those include better access to China's markets and to slash a $375 billion trade gap. To force Beijing to buckle so far Trump has slapped tariffs on $250 billion worth of Chinese imports. During a Thanksgiving briefing on Thursday, Trump says he hopes to hit on an agreement when he meets with Xi.
00:00:59
>> I can say this, China wants to make a deal very badly.>> Do you think it's gonna happen?>> Cuz of the tariffs, but the 10% goes to 25% on January 1st. And so they're gonna be paying a tremendous amount of money, which frankly, is great for our country.
00:01:14
>> It's set to be a high stakes meeting. Trump has threatened to tariff all of China's exports to the United States. And the White House has shown little sign of backing down on its demands, and it's keeping up the tough talk. On Tuesday, Washington said, China has so far failed to alter trade policies the White House calls unfair.
00:01:33
Meanwhile, Beijing hopes to use the G20 to show its stance against protectionism at a time when global trade is slowing down