China's President Xi Jinping at the Boao Forum for Asia Annual Conference in Boao in south China's Hainan province April 10. (Naohiko Hatta/Kyodo News via AP, File)
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U.S. President Donald Trump Thursday praised his relationship with Chinese President Xi Jinping as officials from the world's two largest economies began trade talks in Beijing, while state media said China would stand up to U.S. bullying.It was not clear when Trump and Xi might meet again next, though both will likely attend some of the same multilateral summits this year, including those of the G20 and APEC.Throughout his 2016 election campaign, Trump routinely threatened to impose a 45 percent across-the-board tariff on Chinese goods as a way to level the playing field for American workers. In a commentary widely cited in Chinese media on Thursday, the official Xinhua news agency said if things went poorly and a trade war did break out, China would never yield and would hit back strongly.Trump has demanded a $100 billion annual reduction in the $375 billion U.S. goods trade deficit with China.
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