Amid the possibility of escalating tensions between the US and China on the occasion of the G7 summit in Hiroshima, Japan, US President Joe Biden announced that he would meet with Chinese President Xi Jinping in the future.
President Biden, before leaving for Japan to attend the G7 on the 17th (local time), in the Roosevelt Room of the White House, asked a reporter if he was willing to talk to President Xi, he said, “Sooner or later or not, we will meet anyway.” said.
If the actual meeting takes place, it will be the second US-China summit after the inauguration of President Biden. President Biden met his face at the G20 summit in November last year, and exchanged opinions on major US-China issues.
On this day, the reporters also asked if there was a problem with China’s expansion of influence in relation to President Biden’s cancellation of visits to Papua New Guinea and Australia for debt ceiling negotiations.
In response, President Biden said, “No. We still plan to meet (with Papua New Guinea and Australia) and are good allies.”
This press conference was prepared to announce the position of President Biden that there will be no federal government default (debt default) according to the debt limit.
President Biden declared, “I am confident that we will get an agreement on the budget,” and “the United States will not default (default).”
President Biden held discussions with four representatives of the US Congress, including House Speaker Kevin McCarthy (Republican Party), on raising the debt ceiling twice on the 9th and 16th, but could not come to a conclusion.
Accordingly, he decided to partially adjust the overseas tour schedule and return home early on the 21st. During the G7 summit, they will be briefed on the status of the negotiations.
In the United States, legislation limits the amount of money the federal government can borrow. The federal debt ceiling is approaching the ceiling, raising concerns that a default could occur on the 1st of next month, but the debt ceiling has yet to be raised. The government and the Democratic Party are confronting each other, demanding an unconditional increase in the debt ceiling, and Republicans demanding a linkage to cuts in fiscal spending.
Source: Donga
Mark Jones is a world traveler and journalist for News Rebeat. With a curious mind and a love of adventure, Mark brings a unique perspective to the latest global events and provides in-depth and thought-provoking coverage of the world at large.