Xi, Trump hold phone talks

Chinese President Xi Jinping on Thursday held phone talks with US President Donald Trump at the latter's request, Report informs via Xinhua.

The call came after Washington and Beijing traded accusations of breaching a deal reached just weeks ago in Geneva, where the world’s two biggest economies had agreed to dramatically cut mutual tariffs for 90 days, an outcome Trump dubbed a “total reset”.

It was their first phone call since the two countries started imposing fresh duties on each other’s goods in February.

The conversation has been widely seen on both sides as the highest political endorsement for de-escalating the trade war, which threatened to reshape global trade flows for the coming decades.

Tensions between the world’s two biggest economies have flared again in recent weeks.