Trump on China: 'I like the deal we have now'

Trump’s Chinese Tariffs Target Consumer Electronics, Including Sony and PlayStation

"I believe both of the major economies - the USA and China - ultimately share this goal, and that should help focus the discussion at the G-20". -China trade dispute to the conflict over Ukraine.

The pair discussed trade, co-operation in the Pacific, and the security situations in Iran and North Korea.

Mr Trump on Thursday scrapped the meeting over Moscow's seizure at the weekend of three Ukrainian ships and continued detention of a group of Ukrainian sailors. One French source said Macron was trying to build an anti-Trump front with a separate statement embraced by "progressive countries".

PM Narendra Modi Reaches Argentina's Buenos Aires To Attend G20 Summit.

But their initial meeting was overshadowed by the warm embrace between Russian President Vladimir Putin and Saudi Crown Prince Mohammad Bin Salman, who high-fived each other at the beginning of the forum.

When President Donald Trump travels overseas, he increasingly likes to keep it quick.

It is bin Salman's first significant appearance overseas since the killing. Turkish President Recep Tayyip Erdogan, who has been sharply critical of Saudi Arabia over the incident, is also in attendance.

The US is also undermining the World Trade Organisation by refusing to appoint new trade judges, leading WTO boss Robert Azevedo to declare global trade is in its worst crisis since 1947.

"The direct impact would be in the United States", IDC research firm analyst Bryan Ma told CNN.

The U.S., Canada and Mexico are expected to sign the new United States-Mexico-Canada Agreement that is replacing NAFTA during a ceremony Friday.

A White House official said that Trump sees a "good possibility" for a deal to defuse the trade frictions, as Washington demands greater market access and protections for intellectual property by Beijing.

Canadian Prime Minister Justin Trudeau called on Trump to remove tariffs on steel and aluminum, saying they remain a major economic obstacle.

Posing for photos in a gilded salon, Trump spoke about their longtime personal relationship and said they would discuss trade, military purchases and other issues.

Trump has often voiced a desire for better relations with Putin, and many critics at home slammed him in July for appearing to disregard United States intelligence agencies' conclusion that Moscow meddled in the 2016 U.S. presidential election, while giving credence to the Russian president's assertion that it did not.

"I think we're very close to doing something with China but I don't know that I want to do it", Trump told reporters.

One leader Trump will not be seeing in a one-to-one meeting is Russian President Vladimir Putin. The two sides also held discussions on enhancing investment in technology, renewable energy and food security.

Saudi Arabia is the only country from the Middle East represented at the G20 gathering, which includes 19 of the largest economies in the world and the EU. Official data on Friday showed that growth in China's manufacturing sector stalled for the first time in more than two years in November.

At the airport, Xi and his wife, Peng Liyuan, were warmly welcomed by Argentine Foreign Minister Jorge Faurie and other government officials.

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