AS IT HAPPENED: Trump, Xi meet in Beijing; Xi’s ominous warning over ‘most important’ issue in US-China relations; Iran ‘frighteningly close’ to having nuclear weapons; Iran negotiations on the table

“Time and again, it has been proven that there are no winners in a trade war,” Xi said, according to Xinhua. “The essence of China-US economic and trade relations is mutual benefit and win-win cooperation. In the face of differences and frictions, equal consultation is the only correct choice.