The highly ancitipated trade talks at the G20 Summit... between the world's two largest
economies, U.S. and China... just ended a few hours ago.
Reports say the two sides are set to make a joint statement in the coming hour, but
in the mean time, President Trump announced that negotiations with Beijing are 'back on
track'.
For an in-depth analysis on the latest discussions and how things are expected to unfold from
here on out,... we are joined here in the studio by economics professor Yang Jun-sok,
from the Catholic University of Korea.
Professor, thank you for coming in.
Now that the hour-long Trump-Xi summit has concluded... with President Trump keeping
the door open to future dialogue,... what can we expect
to come out of their joint statement?
After the talks, China's state-run Xinhua news agency reported... that
President Trump decided not to impose extra tariffs on Chinese imports,... BUT there was
no mention of rolling back the existing tariffs.
As an economics expert, how do you view this announcement?
So you mentioned that.... this could be a positive
sign(?) that could resemble a ceasefire.
We still have to wait and see what the two leaders will say in their statement,... but
in the meantime, if it is a positive sign, how much of an impact
do you think could it have
on the global economy?
I'm afraid that's all the time we have for today.
Thank you so much for your insights Professor Yang.
Thank you