British News Agency

Speaking to reporters aboard Air Force One late Sunday, Trump said, “I have a very good relationship with Xi. We have the power to impose tariffs, and he also has other powers against us.”

Trump also said he plans to visit Xi in April.

China had previously called on the United States to “immediately” release Venezuelan President Nicolas Maduro and his wife, who are being held in the U.S., and said it was “deeply shocked” and strongly condemned “the U.S.’s blatant use of force against a sovereign state.”

Venezuela has long been close to China, which buys significant amounts of oil from the heavily sanctioned country. The sudden capture of President Nicolas Maduro by U.S. special forces sparked widespread debate within China.

Trump last met Xi in October in South Korea during a brief three-day tour of Asia, after which he said they had reached agreement on “almost everything.”

According to Trump, progress made in talks with Xi on soybean imports, rare earth elements and fentanyl would allow general tariffs on Chinese goods to be cut by 10 percent.