Trump tells Xi trade deficit with China 'not sustainable'

Xi Urges Continuing Momentum of Easing Tensions on Peninsula

President has told China's president that he's disappointed in the growing US trade deficit with Beijing and warned that the imbalance is "not sustainable".

Xi said the Sino-US relationship remained stable and had made progress in 2017, and that the two nations should cooperate on various fronts including dealing with the Korean peninsula, state-run broadcaster CCTV reported.

Chinese President Xi Jinping told his United States counterpart Donald Trump in talks over the phone on Tuesday that both countries should further open their markets to each other and step up cooperation, amid rising tensions over their huge trade imbalance.

China is ready to continue its joint efforts with the United States and other members of the worldwide community to achieve progress that would finally lead to a proper resolution of the issue, said Xi.

They "expressed hope that it might prompt a change in North Korea's destructive behavior", the White House said in a statement.

United States President Donald Trump has told the Chinese President Xi Jinping that the growing US trade deficit with Beijing "is not sustainable".

Xi urged both sides to take a "constructive approach" and work "properly" to settle disputes and open up each other's markets, CCTV said. Relations have shown signs of strain in recent months, however, as China resists harsher sanctions on North Korea and Trump's calls for trade concessions.

The call comes as foreign ministers from 20 nations gathered in Vancouver to hold two-day crisis talks on North Korea's ballistic missile and nuclear weapons programs.

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