US President Trump commented:

We have had two calls with China, and they want to make a trade deal.

Donald Trump
Hu Xijin, editor of Chinese and English editions at the Global Times, tweeted on Monday

Based on what I know, senior Chinese and US negotiators have not had telephone conversations in recent days. The two sides have been in technical contact, and are of no importance to President Trump's proposal. China has not changed its position. China will not give in to US pressure.

Hu Xijin
He pointed out that the US and Chinese trade teams have not had any phone conversations, which contradicts previous comments of US President Trump.

Risk-taking assets are witnessing a fresh sell-off on the tweet above, with the USD / JPY pair retreating from a high of 105.99 while S&P 500 futures are on the back of European stocks.