FUKUOKA, Japan — President Trump and Chinese President Xi Jinping plan to meet at a Group of 20 summit late this month, the U.S. treasury secretary said, offering a prospective break in trade hostilities that are weighing on global growth.
Treasury Secretary Steven Mnuchin, speaking to reporters Saturday, said that the two presidents will meet while attending the June 28-29 summit of leaders of major economies in Japan, though he declined to provide other details.
China’s government didn’t respond to requests to confirm plans for a Trump-Xi meeting. If it materializes, the face-to-face meeting would offer a chance to put negotiations back on track after talks hit an impasse a month ago and both sides have since then increased punitive tariffs and taken other actions that raised tensions and complicate a resolution.
Mr. Mnuchin’s remarks show how tentative any rapprochement is. In Fukuoka, Japan, for a weekend gathering of G-20 finance ministers and central bankers, Mr. Mnuchin played down a scheduled chat with People’s Bank of China Governor Yi Gang. It would be the first high-level meeting since the negotiations stumbled.
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