‘U.S., China to soon hold call on trade’

Beijing and Washington will soon hold a call on trade, China’s Commerce Ministry said on Thursday, after reports that planned high-level talks on the “phase one” trade agreement between the two countries were postponed.

The U.S. and China signed the accord in January, bringing a partial truce in their trade war, and obliging Beijing to import an additional $200 billion in American products over two years, ranging from cars to machinery to oil to farm products. “The two sides have agreed to hold a call in the near future,” Ministry said in a statement.