Secretary of Commerce Howard Lutnick hit the Sunday morning talk shows to reassure Americans that President Donald Trump's tariff plan is going to work out in the long term as dock workers and truckers report job cuts due to falling imports.

The meeting is the strongest sign yet that the world's two biggest economies are ready to de-escalate their trade war.

BEIJING (Reuters) - Since U.S. President Donald Trump imposed steep tariffs on China last month, Beijing has responded in kind. On state and social media, it posted images of Mao Zedong, lambasted "imperialists," and sent a message: capitulation to bullies is dangerous, and it wouldn't back down.