How to stop a trade war in 5 minutes
By Benjamin SiegelMANCHESTER, N.H. — On the morning of Nov. 13, President Donald Trump and his top advisers had a meeting in the Oval Office to discuss the possibility of a trade battle that would derail Trump’s first month in office.
The White House did not say what the meeting was about, but White House spokesman Sean Spicer said it was to discuss trade policy and to “discuss the details of the president’s agenda.”
The meeting, the first since Trump took office on Jan. 20, was closed to the press and did not appear to be aimed at a potential trade war.
But that is what many people in the Trump administration see as a possible outcome of the meeting.
That was the expectation, said a White House official who was not authorized to speak publicly on the matter and requested anonymity to discuss sensitive internal discussions.
Trump and his allies have been calling on other countries to take action against China, the world’s second-largest economy, over what they view as unfair trade practices.
They are also worried about the potential for a U.S. military confrontation with China if Beijing does not comply with a U:N.
trade treaty that they say has led to an unfair trade relationship.
The U.N. treaty is aimed at curbing unfair trade, and the Trump and Chinese governments have made their concerns known about the treaty.
The talks focused on trade policy, not on the trade deficit, the official said, but a U.:N.
official said the U.n. chief did not explicitly call for a trade crisis.
“We are not at a point where we can say that a trade dispute would lead to a trade conflict, but we are certainly trying to do everything we can to try to avoid that,” the official told reporters.
The official added that the U.:n.
was working to make progress on the treaty, which is now awaiting ratification by the U:n.
General Assembly, and that China would not be a party to it.
The U.:ns position was to ensure that the treaty is properly implemented, the U official said.
The meeting came a day after Trump was criticized by some Republicans and Democrats for saying during a campaign rally that the Chinese were cheating on their trade with the U, a charge he later backed away from.
In recent days, the White House has said that it was not prepared to intervene in the trade dispute, which has become an early flashpoint for relations between the U., which has criticized China for allegedly manipulating its currency to make it more expensive for U.s companies to compete.
The administration has also been working to tamp down on the rhetoric on trade, including in the White Houses first major public appearance as the president on Nov. 19.
The trade talks were not necessarily the first time that Trump’s administration has worked on trade deals, but the timing and the level of focus on trade and other issues suggest a new direction for the WhiteHouse.
The two sides have been working on the U.-China deal for more than a year and a half, said Josh Earnest, the deputy press secretary for the president.
The deal would allow U. s trade deficit with China to be reduced by roughly $200 billion a year, he said.
In a tweet on Friday, Earnest said that the administration was “still working on a new U. S.-China trade deal, and would be announcing a final version in the coming days.”
But Trump’s allies have said that any agreement on the future of the trade deal is premature, since he has not made any substantive decisions on it.
“There are no specific promises made at this point, but there is a sense that he wants to get to the conclusion as quickly as possible so that the country can get back to normalcy,” said one administration official, who asked not to be named because he was not allowed to speak to the media.
The push to trade a trade deal with China is a significant step toward de-escalating tensions between the two countries and has the potential to help the Trump presidency win re-election.
In addition to the U .n., China is the second-biggest economy in the world behind the U of S, and has been pushing for increased trade and economic integration with the West, particularly in sectors like energy.
It has also criticized the U to make a deal with it, claiming the country has not been open to fair trade and has unfairly sought to use U. n. technology to counter China.
The Trump administration is expected to announce the final text of the U s-China trade agreement in the next few weeks, and will likely announce additional details on how it would be implemented, a WhiteHouse official said on Friday.