"China has been hurting us and trade deals have been hurting us", he said, adding that his administration is changing all those trade deals.
Trump said in a tweet on November 1 that he had "a long and very good conversation" with Xi, offering some hope that trade tensions may cool after the G20 meeting. Xi had an "extremely positive" phone conversation with Trump about trade and other issues, the foreign ministry said Friday, Nov. 2, 2018.
Trump also offered to host a "Western-style" dinner for Xi on December 1, after the G20 leaders' meeting, an invitation that Beijing had tentatively accepted, people familiar with the matter told the South China Morning Post. Trump has threatened to impose tariffs on another $267 billion in Chinese imports - a move that would cover virtually everything China ships to the United States.
"Both leaders attach great importance to China-U.S. ties and economic ties", Lu said.
"The Trump administration should not miscalculate China's tolerance for what they perceive as bullying tactics", he said.
Discord has already arisen among Trump's trade team: United States trade representative Robert Lighthizer is opposed to a push for a deal at the G20, according to two of the people.
"Frankly, the principal culprit is China", he said.
Though final decisions have not been made, USA officials are preparing for such a scenario in case a planned Trump-Xi meeting yields no progress on the sidelines of a Group of 20 summit in Buenos Aires in November, according to the report. "They very much want to make a deal".
The two countries already have imposed tariffs on hundreds of billions of dollars of each other's goods and Trump has threatened to slap tariffs on the remainder of China's US$500 billion-plus exports to the United States if the disputes can not be resolved. But just this week, we indicted 10 Chinese for stealing intellectual property.
Thursday's meeting was the first telephone conversation between the leaders in six months of which is openly reported.
But Trump struck a more affable tone on Twitter after the phone call with Xi.