China and the U.S. announced a sharp 90-day tariff reduction this week. U.S. President Donald Trump lately revealed that he may engage in direct communication with Chinese President Xi Jinping to nail the details of the U.S.-China trade agreement.Trump described the current deal as "very strong", highlighting that the most exciting part is China’s commitment to open its market wider to U.S. companies. Previously, he had mentioned the possibility of a phone call with Xi this weekend.Related NewsTrump: CN Agrees to Remove Non-tariff Barriers on US ImportsU.S. Treasury Secretary Scott Bessent indicated that U.S. and Chinese officials are expected to meet again in the coming weeks to work toward a more comprehensive agreement.