giving comments in these debates that are forthcoming. jim sciutto, thanks again. we are waiting for the president to step to the lectern. and now let s bring in jim acosta. jim acosta in the newsroom awaiting this conference. we talk about the 2020 election. you can t help but talk about the u.s.chy. it seems to be doing well right now, and this news from chinese state media talks will resume, there ll be no new sanctions from the united states, that news has got to be welcome news as the markets hear what is coming out of this g-20. that s right, george, and we should point out the secretary of state mike pompeo and the chief of staff mick mulvaney they ve just entered the room here. so it does appear we re getting closer to this press conference getting started but i think you re right. the global markets are going to be breathing a collective sigh of relief after these talks between the president and xi jinping. the fact things did not ratchet up further in the trade war
that will ask the president what exact exactly was going through his mind when he made that comment with that smile on his face. and of course the womens soccer team beating france in the world cup, the president earlier this week had issued a challenge to one of that team s star players and it may be one of those questions, if this press conference goes on for some time. and we saw that happen after the hanoi summit with kim jong-un. the president may take a lot of questions in this room, and so that may be one of those surprise questions that comes out of left field. but obviously i think the big focus and concentration will be on the high stakes trade talks with china, exactly what the president got out of those toals and when the two leaders might get back together again to continue these talks. there s been a lot of discussion how these tariffs have been hurting american consumers and farmers, people very essential
success in the past. having said all that, one of things that emerged from that debate last night that s been the talk of the political world over the past 24 hours is that fiery exchange that went on between kamala harris and former vice president joe biden. i suspect the president may be asked about some of that as well, so no shortage of issues for this president to talk about. but clearly the outcome of these talks between the president and xi jinping, the fact the trade war did not escalate at this summit is something going to be talked around the world. to boost his election chances i suspect when he comes out here in a few moments, george and natalie, he s going to be talking about the economy, the stock market and talking about the outcome of these talks with xi jinping. the fact it s very likely at this point the markets where not going to react negatively to what happened out here in osaka. let s remind our viewers
us. 2:00 in the morning here, about 3:00 in the afternoon in osaka, japan, where we expect in the next half-hour to hear from u.s. president donald trump set to hold a news conference as he wraps up his visit to the g-20 summit. the time there, 3:00 a.m. in osaka, japan. it is already been an eventful g-20, and there may have been a break through as the president shat down with the chinese president xi jinping. it was their first meeting since trade tensions between the two countries really ratcheted up and trade talks broke down. and now chinese state media saying those talks will resume and the united states saying it no longer imposes new tariffs on chinese exports. there s no confirmation yet from the u.s. side, but after the meeting with president trump the two leaders were upbeat. we had a very good meeting with president xi of china, excellent. i would say excellent, as good as it was going to be. so we discussed a lot of things,
well, the president mentioned it was a completely unpredictable overture, something he thought of and decided to tweet. obviously jim sciutto reminded us that s not the case, been in discussions for several days. you know, diplomacy is better than not having diplomacy. at the same time the united states since trump initially met with the north korean leader hasn t really obtained anything. in fact, north korea again has systematically walked back on its concessions, the very few that it made. essentially what we have is an initial meeting which placed the two leaders on equal footing on the world stage. then in the second of course round of talks in hanoi the u.s. president stormed out because of lack of any promise. so there s really absolutely no indication that anything and the reality of the situation has changed that would make you know, that would make this potential handshake at the dmz a