The fate of global trade is weighing. The US and China began important talks

Reuters informed that he managed to confirm the message transmitted by the Chinese source. This is the first such meeting since the start of the trade war between the two countries. In response to the decision of President Donald Trump from early April, a significant raising of customs duties to the entire import of China Beijing answered in the same way.
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On Friday, the American leader made it to understand that he would be willing to agree to reduce the customs rate currently on products from China from 145 to 80 percent. Commenting on these words, a spokeswoman for the White House Karoline Leavitt admitted that this is the number that the president “just threw and we will see what would happen next”. At the same time, she noted that the US would not reduce their duties without appropriate concessions on the part of Beijing.
In response to American tariffs, China has imported with the US duties in the amount of 125 percent. Chinese-American commercial talks in Geneva are scheduled for Saturday and Sunday.
Trump hits Russia
President Trump was asked about the possibility of Russia's return to G7 (formerly G8) during a task meeting for the organization of next year's World Football Championships in the USA, Canada and Mexico. He said that Russia's exclusion from G8 after the annexation of Crimea was a mistake and if it wasn't for this “stupid decision”.
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He added, however, that currently it is not a good time to return Russia to G7 again. Referring later to talks about the end of the Russian-Ukrainian war, Trump said that the talks of his envoy Steve Witkoff and Vladimir Putin brought great progress, because “Russia wanted to take over all Ukraine and stopped”.
“I think that if we were not here, they would now fight for the takeover of the whole country and they did not do it,” he said.