Trump says renewed trade talks with China are 'already underway'
President Donald Trump said Monday that trade talks with China, which had stalled out in May, have "already begun" following his meeting with Chinese President Xi Jinping at the G-20 summit over the weekend.
Trump and Xi had agreed during a bilateral meeting at the summit in Osaka, Japan, to hold off on imposing new tariffs on imports of each other's goods and to move forward with trade negotiations. The renewed talks were being held by phone, Trump told reporters in the Oval Office. The president added that any deal between the two economic superpowers would need to be somewhat tilted in the U.S.' favor.
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