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A U.S.-China trade deal is in the balance at the G-20

As world leaders gathered in Osaka, Japan, today to kick off the latest Group of 20 summit meeting, there’s one topic at the front of everyone’s mind: trade.

Why? The trade war between the U.S. and China is becoming a major drag on the global economy.

All eyes are on a pivotal meeting between President Trump and President Xi Jinping of China, who are scheduled to spend time with each other tomorrow morning, Ana Swanson and Keith Bradsher of the NYT report.

• “While both leaders appear open to a truce, they have hardened their positions ahead of the talks.”

• “Neither leader wants to be seen as capitulating or agreeing to concessions that could give them less leverage once trade talks resume.”