By Kanishka Singh
WASHINGTON (Reuters) - U.S. President Donald Trump said his conversation with Chinese President Xi Jinping last week was friendly and he thought he could reach a trade deal with China.
WHY IT'S IMPORTANT
The leaders of the world's two biggest economies discussed issues including TikTok, trade and Taiwan in a phone call before Trump took office on Monday.
Since taking office, Trump has spoken about a 10% punitive duty on Chinese imports because he says fentanyl is being sent from China to the U.S. via Mexico and Canada. However, he did not immediately impose tariffs as he had promised during his election campaign.