U.S. President Donald Trump said he was confident of hashing out a deal with President Xi Jinping, whom he is expected to meet next week, after top economic officials from both countries concluded two days of discussions on Sunday to de-escalate a trade war.

China and the United States, the world’s two economic superpowers, have been sparring since Mr. Trump’s return to office. In response to steep U.S. tariffs, China announced this month that it would curb the export of rare earths, of which it has the world’s largest supply. Mr. Trump vowed to increase tariffs further if it did.

Japan's new Prime Minister Sanae Takaichi faces significant foreign policy challenges just days after taking office