United States President Donald Trump and his Chinese counterpart Xi Jinping's high-stakes dinner meeting on Saturday to discuss their growing trade war went "very well", White House top economic advisor Larry Kudlow said. The leaders of the two largest economies have agreed not to impose new tariffs from January 1, 2019, and pledged to continue negotiations to seek a way out of the ongoing trade war.
The meeting is being seen as a bid to pull the world's top two economies from the brink of a full-fledged trade war.
Trump and Xi were in the Argentinian capital over the last two days for a summit of G20 countries.
Both the world leaders expressed optimism as they and top aides sat down at a long hotel table.
"We will probably end up ending up getting something that will be good for China and the United States," Trump said.
Xi stated that they shared tremendous responsibility to find a solution. "Only with cooperation between us can we serve the interest of both peace and prosperity," he said.