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Trump Spoke With China’s Xi on Trade, Says Talks Going ‘Nicely’

  • Leaders set to meet at G-20 summit this month in Argentina
  • U.S. preparing to announce new tariffs if discussions fail
Donald Trump speaks at a rally in Columbia, Missouri on Nov. 1.
Donald Trump speaks at a rally in Columbia, Missouri on Nov. 1.Photographer: Scott Olson/Getty Images
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Donald Trump and Xi Jinping expressed optimism ahead of meeting later this month in Argentina, with the U.S. leader saying his Chinese counterpart wants to make a deal to end an escalating trade war.

The leaders of the world’s two largest economies made the remarks after their first publicly disclosed telephone conversation in almost six months. Both sides reported constructive discussions on North Korea and the trade, with Chinese state media saying that Trump supported “frequent, direct communication” between the presidents and “joint efforts to prepare for” the planned meeting on the sidelines of the Group of 20 summit.