U.S. and China hold trade talks in Paris ahead of leaders' summit

U.S. and Chinese officials met in Paris for trade negotiations. The talks were described as a step to prepare for a planned summit between President Trump and President Xi Jinping. U.S. Treasury Secretary Steven Mnuchin called the discussions 'very good'.

China warned that new U.S. tariff moves could damage trade relations. Meanwhile, a large number of U.S. soybean shipments arrived in China. Reports indicate some U.S. officials are considering a more managed approach to trade with China.

The outcome of the Paris talks is seen as setting the stage for the upcoming Trump-Xi meeting, where broader trade issues are expected to be discussed.