Hours later, Trump said in the Oval Office that he will speak with Chinese President Xi Jinping and “hopefully we’ll work that out,” while still insisting China had violated the agreement.

U.S. trade talks with China are "a bit stalled" and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, U.S. Treasury Secretary Scott Bessent said on Thursday.

Treasury Secretary Scott Bessent says trade talks with China have “stalled” and that President Donald Trump and his Chinese counterpart, Xi Jinping, will speak “at some point.” The United States is in the middle of a trade war with China,