US tar­gets more Chi­nese firms

Observer on Saturday - - News -

WASH­ING­TON - US Pres­i­dent Don­ald Trump and Chi­nese Pres­i­dent Xi Jin­ping ex­pressed op­ti­mism on Thurs­day about re­solv­ing their bit­ter trade dis­putes ahead of a high-stakes meet­ing planned for the two lead­ers at the end of Novem­ber in Ar­gentina. But within hours of the upbeat as­sess­ments, the US Jus­tice Depart­ment took aim at an­other Chi­nese firm it ac­cused of un­fair prac­tices, part of an across-the-board pres­sure cam­paign by the Trump ad­min­is­tra­tion tar­get­ing Bei­jing. Trump said on Twit­ter that trade dis­cus­sions with China were ‘mov­ing along nicely’, and that he planned to meet with Xi on the side­lines of the G20 lead­ers sum­mit, af­ter the two had a ‘very good’ phone dis­cus­sion.

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