Trump tweeted earlier today that he had a phone call Chinese President Xi Jinping. And both agreed to have an “extended meeting” next week at G20 in Japan. This news is confirmed by Chinese State media. And XI said “the key is to show consideration to each other’s legitimate concerns. We also hope that the United States treats Chinese companies fairly. I agree that the economic and trade teams of the two countries will maintain communication on how to resolve differences.”

White House economic adviser Larry Kudlow welcomed the meeting and said “No results are guaranteed – I think people know that – but I think there’s a certain joy that they are back to a discussion.” Though, he also emphasized US “wants to continue the conversations about structural changes regarding intellectual property theft and forced technology transfers and market openings and tariffs… We’re looking for an enforceable agreement as we always have – that’s absolutely vital. So all of those general topics will be on the table.”

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