Trade war: China-US talks to resume amid threat of new tariffs
"As we have said before, everybody loses in a protracted trade conflict," the body which aims to ensure global financial stability said in a statement, calling for a"speedy resolution".
President Trump has also said he received a"beautiful letter" from Chinese counterpart Xi Jinping and that they would probably speak soon.China has been a frequent target of Donald Trump's anger, with the US president criticising trade imbalances between the two countries and Chinese intellectual property rules he says hobble US companies.
"The escalation of trade friction is not in the interests of the people of the two countries and the people of the world," the Chinese Commerce Ministry said in a statement.
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