*By Chloe Aiello*
President Trump and Chinese President Xi Jinping are reportedly considering a meeting at Trump's Mar-a-Lago Resort in March to resume trade talks. But whether or not any major developments will result is a toss-up, former State Department Senior Advisor Christian Whiton told Cheddar.
"It's still a coin toss as to whether or not there's a big deal, but Wall Street seems to take it for granted. I think it's less likely, and what's more likely, it's going to be a very long-term process of jousting," said Whiton, who served as an advisor for both Trump and former President George W. Bush.
[Axios reported](https://www.axios.com/trump-xi-china-trade-war-mar-a-lago-37bb245b-9ffa-455e-bc82-499c3c32d7e2.html) on Sunday that Trump's advisers have discussed hosting a summit at the president's Palm Beach, Fla., resort in an attempt to resolve the ongoing trade standoff between the U.S. and China. Sources informed Axios that the summit could come as soon as mid-March, although neither the date nor the location have been officially set.
A mid-March summit would come after the March 2 deadline Trump set to hike tariffs from 10 percent to 25 percent on $200 billion in Chinese goods. Whiton said the summit could potentially lead to further delays.
"My guess is that if a summit was scheduled, it would be hard for the administration to go ahead with that increase," he said. "Having said that, there is some jousting within the administration between hardliners ... who want tariffs on sooner as added pressure, and the Wall Street crowd."
Whiton also said that China has done little to address major concerns over intellectual property theft and anti-competitive behaviors.
"What I understand is China really hasn't been that forthcoming in the systemic reform that Trump really wants, and frankly that there is bipartisan consensus for," he said. "They are sort of saying, 'meet us halfway on those things.' But that is extremely hard to do."
Trump has been pushing for adjustments in trade policies with China even before he stepped into the Oval Office. The two powers have been tangled in a retaliatory trade war since Trump first leveraged tariffs in early 2018.
For full interview [click here](https://cheddar.com/videos/white-house-reportedly-considering-mar-a-lago-for-u-s-china-trade-summit).
President Erdogan of Turkey demanded action from Saudi Arabia on Tuesday for the "premeditated" and "savage" murder of journalist Jamal Khashoggi, as SoftBank's CEO became the latest top executive to pull back from Saudi Arabia's investor summit.
Billionaire activist Tom Steyer is not apologizing for his campaign to impeach Donald Trump. In an interview with Cheddar Monday, he dismissed criticism from certain Democrats that focusing on impeachment will energize the Republican base. "Standing up for the Constitution and the American people" should be more important than campaign tactics, he said.
Political spectators are readying themselves for a midterm fight to the finish, but Gov. John Carney of Delaware thinks they would do well to focus on the issues ー not just winning the race. "It seems like we get bogged down in the politics of our own teams," Carney said of the divisive state of politics during an interview with Cheddar Monday. "It gets in the way of improving things that are important."
Amazon, Alphabet, Twiter, and other big tech companies are set to report quarterly earnings this week. Elon Musk says The Boring Company's high-speed transit tunnel will be open to the public on December 10. And Zane Holtz, star of the upcoming film 'Hunter Killer,' joins Cheddar to discuss what it's like working with big-name talent such as Gary Oldman and Gerard Butler in this new movie.
Valerie Plame Wilson says a movie about the George W. Bush White House's exposure of her covert role as a CIA agent is more relevant than ever in the Trump era of "lies and deception." Plame spoke to Cheddar Monday alongside director Doug Liman on the occasion of the re-release of Liman's 2010 film "Fair Game."
The Massachusetts Senator has urged the Fed once again to put pressure on Wells Fargo for its fake bank account scandal. Pete Schroeder, a financial correspondent at Reuters, said this rhetoric is in line with Warren's politics and does not necessarily signal a 2020 presidential run.
These are the headlines you Need 2 Know.
Arianna Huffington, the CEO of Thrive, is one of many business execs to pull out of the "Davos in the Desert" business summit in Saudi Arabia after the controversy surrounding a missing and presumed-dead Washington Post journalist. Huffington said she was "surprised" by the Trump administration's handling of the situation.
Deepa Seetharaman, tech reporter for the Wall Street Journal, said the company is still unsure of who's responsible for the most recent hack, in which 30 million user accounts were compromised. And perhaps more importantly, it still doesn't know where all the data went.
These are the headlines you Need 2 Know.
Load More