US President Donald Trump held a long-awaited phone call with Chinese President Xi Jinping Thursday as the leaders of the world's two biggest economies tried to avoid an all-out trade war.

Trump said that the call reached a "very positive conclusion" and that they agreed to meet in person -- but Beijing issued a more muted readout saying that Xi spoke of a need to "correct the course" of ties.

The call -- the first to be publicly announced since Trump returned to power in January -- comes after Beijing and Washington had accused each other of jeopardizing a trade war truce agreed last month in Geneva.

"The call lasted approximately one and a half hours, and resulted in a very positive conclusion for both Countries," Trump said on Truth Social, adding that US and Chinese trade teams wou

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