President Trump and Chinese leader Xi Jinping spoke on Thursday, and both countries pledged to restart tariff and trade talks in the coming days. Trump hailed the call as "positive," with both leaders inviting the other to visit their respective countries.

President Donald Trump and Chinese counterpart Xi Jinping have spoken amid stalled negotiations between their countries over tariffs that have roiled global trade.

News of the call came as new data showed U.S. goods imports dropped significantly in April as sweeping tariffs rolled out.