The US and China will resume their talks over a trade deal “very shortly”, President Donald Trump has said.
At the G7 Summit in Biarritz on Monday, Mr Trump said: “China called last night… said ‘let’s get back to the table’. So we’ll be getting back to the table.”
It comes just days after the US introduced a fresh set of tariffs on Chinese products worth billions of dollars after China brought in more of its own.
The US President said China had made two “very, very good calls” on Sunday night, adding that China wanted to “make a deal”.
China is yet to confirm Trump’s claims but insisted that it would not bow to any threats. The President boasted that it was the pressure applied by his new tariffs that is bringing China back to the negotiating table.
“They hurt very badly, but they understand this is the right thing to do,” he said.
“We’re going to start very shortly to negotiate… but I think we’re going to make a deal.”
Chinese foreign ministry spokesperson Geng Shuang claimed he was not aware of talks resuming, but said: “We strongly urge the US not to miscalculate the situation and immediately cease its wrong actions. If the US implements its plan of raising tariffs, China will definitely continue to take measures and safeguard its own legitimate rights. China does not accept any threats or intimidation.”