Trade

Trump’s Meeting With Xi Jinping Has Been Canceled

Written by SK Ashby

For at least the past month, Trump regime officials and Trump himself have said he will sign "phase one" of his "greatest and biggest deal ever" with Chinese President Xi Jinping on the sidelines of Asia-Pacific Economic Cooperation (APEC) summit on November 17th, but it's not clear what's going to happen now.

Chilean President Sebastian Pinera has canceled the summit.

The cancellation was due to protests, according to Chilean President Sebastian Pinera.

“This has been a very tough decision … but it is based on the wise principle of common sense,” Pinera said in a media address Wednesday.

“A president must always put his compatriots above all else,” Pinera said. “Our main concern is reestablishing public order, our citizens’ safety and social peace along with pushing through a social agenda to respond to the main demands of our citizens.”

It's within the realm of possibility that Trump and Xinping could schedule a meeting at another venue for the same date, but it's unlikely on such short notice. Xinping is certainly not going to travel to the United States just for this.

Trump regime officials including Commerce Secretary Wilbur Ross have dropped hints that Trump's 'greatest deal ever' won't be ready in any case, but I consider any delay a bad thing because the longer this continues the more tariffs will burn a hole in Trump's pocket.

If Xi Jinping will not agree to meet Trump next month, it's entirely possible that Trump will take it personally and call off his fake deal.

Almost anything could happen.