U.S. President Donald Trump says bilateral trade has been unfair to the United States, while Chinese President Xi Jinping says his country would be more open to foreign firms in a joint speech in Beijing. No reporter narration.
U.S. President Donald Trump called on China to do more to resolve the North Korean nuclear issue and said bilateral trade had been unfair to the United States, while Chinese President Xi Jinping said his country would be more open to foreign firms. Trump was speaking alongside Xi in the Chinese capital on Thursday (November 9) to announce the signing of about $250 billion in commercial deals between U.S. and Chinese firms, a display that some in the U.S. business community worry detracts from tackling deep-seated complaints about market access in China. Xi said the Chinese economy would become increasingly open and transparent to foreign firms, including those from the United States, and welcomed U.S. companies to participate in his ambitious "Belt and Road" infrastructure-led initiative. Trump made clear that he blamed his predecessors, not China, for the trade imbalance, and repeatedly praised Xi, calling him "a very special man."