Trump, Xi Upbeat on Trade After Phone Call; US Targets More Chinese Firms

Trump, Xi Upbeat on Trade After Phone Call; US Targets More Chinese Firms
Chinese leader Xi Jinping (L) and US President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on Nov. 9. Nicolas Asfouri/AFP/Getty Images
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WASHINGTON/BEIJING—U.S. President Donald Trump and Chinese leader Xi Jinping, who spoke by telephone on Thursday, Nov. 1, expressed optimism about resolving their trade dispute ahead of a high-stakes meeting at the end of November in Argentina.

Meanwhile, the U.S. Justice Department took aim at another Chinese firm it accused of unfair practices.