July 11, 2017

US President Donald Trump and his Chinese counterpart Xi Jinping have kept on good terms. The two heads of state met again at the G20 Hamburg summit after their first face-to-face meeting at a Florida resort in April. This time they aimed at developing the 100-day plan for trade cooperation rolled out at the previous Mar-a-Lago summit into a one-year project.

Both of them reiterated they would maintain close communication and coordination on policies regarding North Korea's nuclear and missile programs, which reveals both Beijing and Washington are willing to control their disputes and expand cooperation.

The two sides reached consensus on 10 goals for the 100-day plan in early May. China will import more beef from the US and the US agreed to export liquefied natural gas to China. According to the trade deal, cattle from US ranchers face tests for growth-promoting drugs before being exported to China. Considering the beef industries in Brazil, Australia and several other countries are currently affected by adverse factors like drought, US ranchers will gain a lucrative profit from the beef export deal.

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