US Pres. Trump discusses fear China is ‘getting way ahead’ – South China Morning Post

The Hong Kong media recently released a news report quoting the conversation with the former US President Jimmy Carter that surrounded a phone call made by the present President Donald Trump.

The Chinese daily mentioned Mr. Carter saying that the main thing that he emphasized to me was, the main purpose of his call, was to say very frankly to me on a private line that the Chinese were getting way ahead of the United State.

The US President Donald Trump recently pointed towards G20 meet with Chinese counterpart to be the key as failure to agree on a trade deal there can lead to fresh tariffs on the dragon nation’s goods.

AUD/USD extends losses to 0.6560 as Australian traders return from holiday

An extended weekend due to Queen’s Birthday didn’t bode well for the Aussie traders as the AUD/USD pair carries losses forward to early Tuesday.
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