“I look forward to meeting C at the G20 summit,” TASS quoted Trump as saying.

Earlier, Trump said that he had spoken to Xi Jinping, President of the People's Republic of China, and other "friends" in China that Beijing would suffer greatly if it did not make a deal, since companies would have to move to other countries.

Dmitry Rodionov, Director of the Center for Geopolitical Studies at the Institute for Innovative Development, assessed the trade standoff between the United States and China in an interview with FAN.