President Trump and Chinese President Xi Jinping held a 90-minute call on Thursday and agreed to resume trade negotiations amid an escalating tariff war, according to CNBC. Trump described the call as “very good” and said it led to a “very positive conclusion for both Countries" in a post on Truth Social.

The delicate dance between Washington and Beijing could soon determine whether your next smartphone, winter coat, or coffee maker costs significantly more than you expect.

President Donald Trump has announced that a new round of trade talks between the United States and China which will take place in London, on Monday.