Trump, Xi hold high-stakes trade war talks at G-20 in Japan

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'I actually think that we were very close and ... that something happened where it slipped a little bit, and now we're getting a little bit closer.'

"We're totally open to it, and I know you're totally open to it." He gave no details of what a deal would entail.

"Forty years on, enormous change has taken place in the international situation and China-US relations, but one basic fact remains unchanged. China and the United States both benefit from cooperation and lose in confrontation," Mr Xi said.

The United States says China has been stealing US intellectual property for years, forces US companies to share trade secrets as a condition for doing business in China, and subsidises state-owned firms so they can dominate both domestic and international business."We feel the US side is exerting extreme pressure," a Chinese diplomat told Reuters on Friday on condition of anonymity."It is raising many demands but doesn't want to make concessions.

 

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