China's Xi to present Trump with terms for settling trade fight: WSJ, citing Chinese officials

Chinese President Xi Jinping arrives at Kansai international airport ahead of the start of G20 leaders summit in Izumisano, Osaka prefecture, Japan, June 27, 2019. G20 Osaka Summit Photo/Handout via Reuters

(Reuters) - Chinese President Xi Jinping plans to present U.S. President Donald Trump with a set of terms the United States should meet before Beijing is ready to settle their trade dispute, the Wall Street Journal reported on Thursday.

Beijing is insisting that the U.S. remove its ban on the sale of U.S. technology to Chinese telecommunications giant Huawei Technologies Co Ltd, the Journal said, citing Chinese officials with knowledge of the plan.

Beijing also wants the U.S. to lift all punitive tariffs and drop efforts to get China to buy even more U.S. exports than Beijing said it would when the two leaders last met in December, the WSJ said.

Reporting by Rama Venkat in Bengaluru