Trump said progress was made and that the two sides were negotiating a “total reset” on trade.

Most stock markets in the Gulf edged higher on Sunday as U.S.-China resumed talks in Geneva aimed at cooling the trade war that threatens to seriously damage the global economy.

On Saturday, senior officials from Washington and Beijing concluded the first day of trade talks in Geneva, Switzerland. The president has been embroiled in a tense trade war since he raised U.S. tariffs on China to a combined 145 percent earlier this year, which prompted the Beijing to retaliate with a 125 percent levy on American imports.