President Donald Trump called on China to reach out to him in order to kick off negotiations aimed at resolving the escalating trade fight between the world’s two largest economies.

In the last couple of days, the administration’s walked the scope of its tariffs on China back a bit, putting a pause on a lot of consumer electronics — think things like the

China on Wednesday appointed a new top international negotiator after US President Donald Trump said the ball is in Beijing's court to work out a deal to end the tariff deadlock even as he increased tariffs on Chinese exports to a whopping 245 per cent.