Xi Jinping and Donald Trump have met for talks in Osaka to resolve trade war issues. Trump promised not to impose new tariffs on Chinese goods.
The president accused the central banker of being an "enemy" of the US, comparing him to Chinese leader Xi Jinping. Trump has been critical of the Federal Reserve not cutting interest rates faster or deeper.
The US president increased tensions with the hike as the stock markets went into a tailspin. Trump tweeted that he would be increasing tariffs by 5% on $300 billion of Chinese goods.
The US president has said that he'd "like to see Hong Kong worked out in a very humanitarian fashion." Trump warned that a Tiananmen Square-style crackdown would damage talks on a US-China trade deal.
The US-China trade war and forest fires in the Amazon are set to dominate the latest G7 summit in France. President Emmanuel Macron is doing everything he can to prevent a total debacle, but it's no easy task.
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