Although they have spoken several times on the fringes of international events such as the G20 gathering in 2017, an official bilateral visit has not yet been organised. Recent developments, however, have provided an opening for both leaders.
"Trade wars always escalate. They are no different than any other government policy restricting trade. ... every government intervention requires an ever-greater one to ‘fix’ the problems created by the first intervention..."
"We regret having to turn away Senator Merkley at our Casa Padre shelter. The U.S. Office of Refugee Resettlement (ORR) prohibits any facility from allowing visits that have not been approved by them, even if it is a U.S. Senator."
“Yes, it’s good for both sides not to be in a trade war, but the Chinese had more to lose economically from the tariffs. The Trump administration rolling back its $150 billion tariff threat against China is a good ‘get’ for the Chinese.”
"When the Panama Canal was expanded, it drew a lot of enthusiasm, with many seeing U.S. oil and gas exports surging thanks to the wider waterway that cuts the journey to several key markets by between 15 and 30 days, therefore cutting the costs of this journey as well...Yet not all is bliss."
And that problem is the Bank of Japan; Japan hasn’t spent the last three decades struggling with its economy so much as trying to deal with an over-aggressive central bank that is actually powerless to fix the problem (as they understand it).
Global markets were routed for the second day in a row on Monday, with Asian and European indexes opening lower and bond yields rising as resurgent U.S. inflation raised the possibility central banks would tighten policy more aggressively than had been expected.