On the campaign trail last year, President Donald Trump talked tough about imposing tariffs as high as 60% on Chinese goods and threatened to renew the trade war with China that he launched during his first term.

Donald Trump said he held a “very good” phone call with China’s President Xi Jinping, just days before the US President-elect’s inauguration ceremony.

U.S. President Donald Trump said his conversation with Chinese President Xi Jinping last week was friendly and he thought he could reach a trade deal with China.

Xi’s Communist Party is talking of “win-win” solutions to tensions, such as importing more goods from around the globe. Trump is all of a sudden talking down tensions, too. The absence of “day one” tariffs shocked China.