The Bull

Monday 18

February, 2019 5:25 AM



Trump back in US after thorny G20 summit, China talks

Trump back in US after thorny G20 summit, China talks

US President Donald Trump returned home early Sunday from Argentina, where he reached a ceasefire in a trade war with China but snubbed action on climate change and other trade disputes at the Group of 20 summit.

Share |

03.12.2018 04:30 PM

US President Donald Trump returned home early Sunday from Argentina, where he reached a ceasefire in a trade war with China but snubbed action on climate change and other trade disputes at the Group of 20 summit.

The end of Trump's latest tense foray into international diplomacy comes as America prepares to say a final farewell to former president George H.W. Bush, who died on Friday at the age of 94.

Bush's death may offer Trump a temporary political respite -- lawmakers are reportedly discussing a stopgap budget bill that would push back a potential government shutdown until after Bush's funeral services.

On Air Force One, Trump told reporters he would "absolutely consider it and probably" accept such a measure.

Trump and Chinese President Xi Jinping brokered a trade deal of sorts over steaks and Argentine wine in Buenos Aires, agreeing to suspend any new tariffs while new negotiations are pursued.

But a summit-ending statement from the G20 reiterated that the United States has rejected a global agreement on climate change, and omitted pledges to combat protectionism that were a mainstay of the world's leading economies in the pre-Trump era.
Archive
  • Trump to get update on China trade talks

    US duties on $US200 billion worth of Chinese imports are set to rise to 25 per cent from 10 per cent if no deal is reached by March 1 to address US demands

  • SA govt unveils Repat Hospital plan

    The South Australian government has unveiled its master plan to redevelop Adelaide's Repatriation Hospital.

  • US-China talks to boost Aussie market

    Australia's share market is tipped to open higher on Monday after optimism surrounding US and China trade talks.

  • The Week Ahead

    In Australia, the December quarter Wage Price Index release dominates the local agenda in the coming week.

  • ASX closes flat as more companies report

    The Australian sharemarket has managed to finish in positive territory as more companies reported earnings results.

  • Stocks to watch

    Stocks of interest at the close of trade on the ASX on Thursday, February 14.

  • Germany to let NATO use its cyber skills

    Germany is to join the ranks of NATO countries making its cyber warfare skills available to the alliance to help fight hacking and electronic warfare, officials said on Thursday.

  • Domain posts $156.4m loss as listings fall

    Domain's first-half loss has widened to $156.4 million after Sydney and Melbourne's stumbling property markets forced it to take a large non-cash impairment.

  • Farmer denies scaring vegans with gunshot

    A WA farmer who asked vegans to stop filming calves on his property and leave, then fired a shot into farmland, says he wasn't trying to scare them.

  • CommSec Daily Report Friday

    The local sharemarket is mostly flat so far in a choppy session of trade. The ASX 200 is marginally higher by 6 points or 0.1% to 6066 points towards lunch after trading in a narrow 18 point band...

Markets
Index: Points Change Percent

PLEASE SUPPORT OUR SPONSORS, AUSTRALIA'S LEADING BROKERS:



© Copyright TheBull.com.au. All rights reserved.