China’s Foreign Ministry spokesman Geng Shuang refused to confirm if there will be a Trump-Xi meeting at G20 in Osaka later this month. Instead, he just reiterated that stance that “China does not want to fight a trade war, but we are not afraid of fighting a trade war”. Also, “if the United States only wants to escalate trade frictions, we will resolutely respond and fight to the end.”
Yesterday, Trump said he and Chinese President Xi are “scheduled to have a meeting” at the G20 summit in Osaka. He then threatened, “We’re expected to meet and if we do that’s fine, and if we don’t — look, from our standpoint the best deal we can have is 25% on $600 billion.”