WASHINGTON (NEXSTAR) - The tariff battle between the U.S. and China rages on following President Donald Trump's call with President Xi Jinping Thursday morning.

The world's two largest economies have traded barbs over their temporary agreement on imports, but President Trump insists a deal is imminent.

"We had a very good talk," President Trump said in the Oval Office Thursday. "We're in very good shape with China and the trade deal."

The U.S. and China escalated their trade tensions with more than 100% tariffs on each other's imports before agreeing to significantly lower those percentages while they negotiate a permanent deal.

"It's very complex stuff, and we straightened it out," President Trump said.

President Trump said they reached an agreement on Chinese exports that are critic

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