China's Xi Jinping calls on Donald Trump for trade compromise

China U.S. relations Pres. Xi Jinping says relationship “at vital stage”

A deal could bring an end to what has been a back-and-forth trade war that has lasted for months.

In Saturday's tweet, the U.S. president said "talks were moving along very well".

"If made, it will be very comprehensive, covering all subjects, areas and points of dispute", Trump said.

Mr Trump did not offer more detail on what specific progress was being made. Trump wrote on his Twitter page.

The U.S. and China have been involved in a tit-for-tat trade battle throughout the course of 2018.

The leaders of both the United States and China want "stable progress" in ties, Xi said during the call, according to the state Xinhua news agency.

In return, Trump is postponing the tariff hike for 90 days, giving US and Chinese negotiators time to reach a permanent deal.

Chinese state media also said Xi and Trump spoke on Saturday and quoted Xi as saying that teams from both countries have been working to implement a consensus reached with Trump.

China's CCTV channel said Mr Xi praised the US for seeking "co-operative and constructive Sino-US relations".

Black Mirror creators broke Netflix's script writing tool with Bandersnatch
The new movie Black Mirror: Bandersnatch has arrived and you might not be familiar with the main actors, so we have you covered. The movie, which stars Asim Chaudhry , Alice Lowe , and Will Poulter , will premiere on Netflix on December 28.

The two presidents spoke at length by telephone Saturday, with each expressing satisfaction with trade talks initiated after their meeting earlier this month in Argentina. Treasury Secretary Steven Mnuchin said December 18 that the U.S. and China have held discussions over the phone since then.

A tariff increase also could stall China's economy, potentially slowing global growth, the report said.

China is also targeting intellectual property theft in the country - one of the main sticking points in the dispute with the US.

The two nations have been engaged in a tariff trade war for much of 2018, after the Trump administration first imposed almost $250 billion worth of tariffs on Chinese goods to force Beijing to end its unfair practices.

The call - coming just three days before the 40th anniversary of the U.S.'s establishment of formal ties with China - underscored the stakes for talks.

Negotiators from both countries have been in touch over recent weeks and face-to-face talks could take place in January. "It will always be the best way to max out our economic power".

A US delegation of trade officials is expected to travel to Beijing in early January for negotiations with the Chinese.

While China has recently taken steps that might help address USA complaints about trade barriers and intellectual property theft, there was little to suggest that Xi was considering fundamental changes along the lines demanded by the Trump administration.

Related news:

Hot News

isis-killer-beheading-video-story-top Klopp 'almost cried' seeing Liverpool star's selfless gesture
Dec 31, 2018 - 01:01
Arsenal will host Fulham in their next game on new year's day, while Liverpool will travel to the Etihad to face Manchester City . The longer they go unbeaten, the more it's going to increase the trepidation of teams going to Anfield. 5-1 flattered Arsenal.

isis-killer-beheading-video-story-top Sears to close Fairview Heights location
Dec 30, 2018 - 03:03
Additionally, the Kmart store located at 201 Ninth St S E in Rochester has also been identified as a store to close in 2019. Sears filed for Chapter 11 bankruptcy protection in October, weighed down by years of declining sales and massive debt.

isis-killer-beheading-video-story-top McCaw signing offer sheet with Cavaliers
Dec 30, 2018 - 02:27
McCaw averaged 4.0 points in 128 regular-season appearances with the Warriors over the past two seasons. It appears as though the 23-year-old's stint in basketball limbo has ended, thanks to the Cavaliers.

isis-killer-beheading-video-story-top Gamecocks fall in Belk Bowl to UVA
Dec 30, 2018 - 02:23
There are far fewer questions for Virginia , which proved its mettle and earned eight wins for the first time since 2011. The Gamecocks have been averaging 440.2 yards per game this season, 277.4 passing and 162.8 rushing.

isis-killer-beheading-video-story-top China Says Trade Talks With US Planned For January
Dec 30, 2018 - 02:20
Beijing so far has pledged to resume buying American soybeans and to at least temporarily lower retaliatory tariffs on US autos. Background: The United States and China have not held high-level talks to resolve their ongoing disputes on trade since U.S.

isis-killer-beheading-video-story-top ‘Aliens’ descend on New York City as freakish power explosion confuses onlookers
Dec 29, 2018 - 02:57
Con Edison said it is investigating the incident. "I'm tight cause I KNOW someone just got superpowers from that blue light ". One writer on Twitter reiterated that aliens were not attacking the city: "Dear Twitter, the aliens have not arrived in NY ".

isis-killer-beheading-video-story-top Cristiano Ronaldo Speaks Out After Racist Chants Directed at Rival Player
Dec 29, 2018 - 02:39
The mayor of Milan apologised to Koulibaly over the racist insults aimed at him during the match. Three Inter fans were arrested over the clashes that took place ahead of the game, he said.

isis-killer-beheading-video-story-top Deadly blast hits tour bus near Giza pyramids in Egypt
Dec 29, 2018 - 02:25
Ten of the wounded were Vietnamese tourists, and one was the Egyptian driver, according to official statements. The cause of the explosion was a roadside bomb, said the ministry in a statement .

isis-killer-beheading-video-story-top USA troop withdrawal from Syria could take several months
Dec 29, 2018 - 01:56
President Donald Trump once said it wasn't "overly necessary" for him to visit troops in danger zones overseas . However, it remains unclear if air operations targeting ISIS will continue after a US pullout of forces.

isis-killer-beheading-video-story-top Here Are Three Crazy Market Statistics on a Wild Day of Trading
Dec 29, 2018 - 01:55
Tokyo's Nikkei 225 index was up less than 1 percent, while markets in Shanghai and Hong Kong were down less than half a percent. Most Asian stock markets gained Friday while Japan edged down following Wall Street's rally at the end of a turbulent week.

isis-killer-beheading-video-story-top Moment Meghan was 'snubbed' by Prince William
Dec 29, 2018 - 01:47
The source continued, "That meant the two couples walking into church together as the Fab Four just like they had past year ". Queen Elizabeth acknowledged Meghan Markle's pregnancy in her annual Christmas broadcast this year.

Phone records place Trump lawyer at scene of 2016 Russian Federation meeting
Dec 28, 2018 - 02:59
The new information adds to evidence to support that Cohen was in or near Prague around the time of the supposed meeting. Cohen, who entered plea deals with prosecutors from both offices, was sentenced to three years in prison on December 12.

isis-killer-beheading-video-story-top Court Records Detail Kevin Spacey's Encounter With Teenager
Dec 28, 2018 - 02:58
The police report , which mentions the video, is included in the criminal complaint, according to the news site. Spacey said he did not remember such an encounter but apologized if the allegations were true.

isis-killer-beheading-video-story-top Trump visits troops in Iraq
Dec 28, 2018 - 02:54
Army Europe and the Seventh Army, appeared on CNN on Wednesday to share his perspective on the president's surprise trip to Iraq . Trump posted the video to his Twitter account from Air Force One after the plane left Iraqi air space.

isis-killer-beheading-video-story-top Leafs' Matthews, Oilers' McDavid among captains for NHL's all-star weekend
Dec 28, 2018 - 02:38
Matthews will be playing in the January 26 game for the third time in as many seasons since being drafted first overall. Matthews, who missed a few weeks with a shoulder injury, has posted 19 goals in 23 games this season.