USTR Greer: Trump/Xi meeting on schedule

• On China trade, trade spot for Trump/Xi meeting on schedule
• Makes sense to talk but we will see.
• Bessent and I will meet with Chinese in Malaysia to see if room to move forward
• Rare earth move was totally disproportionate. The China rare earth move was broad and global.
• There is a good landing zone where we can be more balanced.
• Our job is to make sure that national security is not compromised.
• We don’t want countries to use US products to get competitive edge.
• China is specifically trying to hurt US farmers.
• Pres. Trump will raise agricultural with China.
• Already the US government has been investing in mining and processing rare earth to make it economic.
• We have a lot of mining and related facilities that have been mothballed over the last 10 or 15 years. We are looking to bring them back online.
• We are working with our allies including Australia

This article was written by Greg Michalowski at investinglive.com.