President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on Friday that he has been in touch with Xi Jinping, China’s president, even as officials in China insist that no negotiations are occurring.
In an interview with Time, Mr. Trump said Mr. Xi had called him and asserted that his team was in active talks with the Chinese on a trade deal. Speaking to reporters outside the White House on Friday morning, the president reiterated that he had spoken with the Chinese president “numerous times,” but he refused to answer when pressed on whether any call had happened after he imposed the tariffs earlier this month.
Mr. Trump’s comments appeared aimed at creating the impression of progress with China to soothe jittery financial markets, which have fallen amid signs that the world’s largest economies are not negotiating. The S&P 500 is down 10 percent since Mr. Trump’s Jan. 20 inauguration.