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'Back on track': Trump, Xi agree to resume trade talks

US President Donald Trump said trade negotiations with China were "back on track" after "excellent" talks Saturday with his Chinese counterpart Xi Jinping in which Washington agreed to hold off on new tariffs.

The crunch talks on the damaging trade war between the world's top two economies came on the sidelines of a meeting of the G20 in Japan's Osaka, with all eyes on whether the pair would agree a truce.

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