US President Donald Trump said trade talks between the US and numerous countries are going on and "in the end, all will be happy".
Trade talks going on with numerous countries that, for many years, have not treated the United States fairly. In the end, all will be happy!
Trump made the remark on Monday's tweet but did not give out further information.
Screenshot of Twitter
The fear of trade war looms since Trump signed a memorandum on heavy tariffs on Chinese imports worth 60 billion US dollars on March 22, driving down stocks and shaking global markets over the past week.
Tension between the world's two largest economies has eased as China constantly pledges to maintain trade negotiations.
On Saturday, Chinese Vice Primer Liu He and US Treasury Secretary Steve Mnuchin agreed in a phone conversation that the two sides will maintain communication over trade issue.
Later on Sunday, Mnuchin also told Fox News that he's optimistic that Washington could reach an agreement with China on trade.
“We’re having very productive conversations with them, I’m cautiously hopeful we reach an agreement,” said Mnuchin. "But if not we are proceeding with these tariffs. We are not putting them on hold.”
(CGTN)