Trump declares trade talks with China "going very well"

Donald Trump at the White House on October 9, 2018 – AFP / Archives

Negotiations between senior Chinese and American officials to end the war Trade between the world's two largest economies "are going very well," said US President Donald Trump on Twitter.

A third day of negotiations, which was not originally planned, will take place on Wednesday

. knows the details of the meetings – the first since Trump's truce with his Chinese counterpart, Xi Jinping, at a summit held on December 1 in Buenos Aires after the G20 summit.

The President of the United States has agreed to suspend until March 2 the increase in tariffs on imports from China in order to seek an agreement with Beijing.

The agreement is not only aimed at reducing the trade deficit between the two countries, but also at the fact that Beijing is abandoning practices deemed unfair by Trump.

Despite the meager information on the progress of the dialogues between the world's major economies, the financial markets of Europe and the United States, victims of Trump's commercial war, have reacted with optimism to the president's statement.

The Wall Street Journal gave another boost of confidence by reporting anonymous sources that "trade differences were shrinking" and that China's rising purchases of US goods and services were progressing.

According to the newspaper, discussions can take place at the ministerial level before the end of the month.

The task is arduous, but US Treasury Secretary Wilbur Ross gave optimistic signals. "There is a good chance that we will reach a reasonable agreement that suits us," he said on Monday.