Asked specifically if his decision on currency was part of an agreement over North Korea, Trump responded: "We're going to see. We'll see whether or not he does". "On the issue of RMB (renminbi) exchange rate, our position is consistent and clear, we will press ahead with the reform of the formation regime of our RMB exchange rate and we will maintain the stability of the RMB at an adaptive and equilibrium level".
The same WSJ article added that Trump told his Chinese counterpart this week that Xi "should let North Korean leader Kim Jong Un know the US doesn't just have aircraft carriers, but also nuclear submarines".
Trump says Xi then asked the interpreter to repeat what he'd just been told - "I didn't think that was a good sign", Trump said. That will be all right, too. Otherwise we're just going to go it alone.
The dessert diplomacy seems to have sweetened Trump's relationship with Xi. The Trump administration is considering tougher economic sanctions, including an embargo on oil supplies to North Korea, flight bans, cargo interception and punishment on Chinese banks doing business with North Korea, Reuters reported Thursday, citing unidentified USA officials. He and Putin talked on the phone last week after a deadly subway bombing in the Russian city of St. Petersburg. In 2015, Trump even penned an op-ed in The Wall Street Journal called "Ending China's Currency Manipulation". Beijing had joined Moscow in vetoing several previous Western-backed resolutions under President Barack Obama.
The US sent an aircraft carrier battle group into the area this week amid speculation that North Korean leader Kim Jong Un might conduct another nuclear test to mark his grandfather's birthday on Saturday.
He adds that Beijing, meanwhile, has become "more proactive and bold" on the North Korea issue, for example, banning North Korean coal imports to China for the rest of the year.
Hamilton dominates Chinese GP
When the action got going, Lewis Hamilton led comfortably from the front and was untroubled to pick up another win in China. Meanwhile, Raikkonen was fifth, reporting throttle issues, and only switching to a two-stopper late on.
Derek Scissors, a specialist in U.S.
But Trump told the Journal that he'd learned that the Export-Import Bank serves small businesses and helps US firms compete with foreign companies that receive help from their governments. His unilateral decision to launch nearly 60 cruise missiles on a Syrian airbase in retaliation for the attack has raised concerns in Asia about a similar strike against North Korea, a Chinese ally.
Bonnie Glaser, a China expert at the Center for Strategic and International Studies, said the development "bodes well for cooperation between the US and China". In the same interview, he said his administration wouldn't formally accuse the country of manipulating its currency to gain a trade advantage, retreating from a core campaign promise. The next report is supposed to come out this week.
China is North Korea's most important trading partner, giving Xi's government leverage over its isolated neighbor. "When the president fails to label them a currency manipulator, he gives them a green light to steal our jobs and wealth time and time again".
"That's a butcher. That's a butcher", Trump said, adding there was no place for Assad in Syria's future politics.
Trump also suggested to the Journal that he could still reappoint Janet Yellen to another term as Federal Reserve Chair - something he said before that he wouldn't do. "And I said Mr President, let me explain something to you - this is during dessert - we've just fired 59 missiles - all of which hit by the way, unbelievable from, you know, hundreds of miles away, all of which hit, it's so incredible, it's brilliant, it's genius", he said.