USA and China to resume trade talks

BRENDAN SMIALOWSKI / AFP

There's been a small breakthrough in the trade war between the USA and China.

The two countries have agreed to resume trade negotiations, a move which is expected to ease a row that has led to a global economic slowdown.

Chinese President Xi Jinping and US President Donald Trump reached the conclusion after holding talks on the sidelines of the G20 summit in Japan.

Trump, who had earlier threatened to impose more tariffs on Chinese imports, said the meetings with his Chinese counterpart had been "excellent".

 

More from Business News

On Virgin Radio today

  • Virgin Radio Weekend

    11:00am - 7:00pm

    Playing 10 hits in a row every hour, all weekend!

  • American Top 40

    7:00pm - 10:00pm

    The biggest hits of the week direct from the USA

Trending on Virgin Radio