Beijing: US President Donald Trump said China had expressed interest in purchasing more American oil and soybeans following talks with his Chinese counterpart Xi Jinping during a state visit to Beijing.

Speaking in an interview with Fox News presenter Sean Hannity broadcast in the United States late on Thursday, Trump said: “They’ve agreed they want to buy oil from the United States.”

China, one of the largest overseas buyers of Iranian crude, had previously imported limited quantities of US oil before tariffs imposed by Washington last year disrupted trade flows. Chinese purchases of American soybeans have also fallen sharply in recent months, with Beijing increasingly turning to Brazil for supplies amid the ongoing trade dispute between the world’s two largest economies.

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US President Donald Trump also said his Chinese counterpart Xi Jinping was "100 per cent correct" in his assessment that the US was a nation in decline, but the remarks referred to the years of his predecessor Joe Biden.

"When President Xi very elegantly referred to the United States as perhaps being a declining nation, he was referring to the tremendous damage we suffered during the four years of Sleepy Joe Biden and the Biden Administration, and on that score, he was 100 per cent correct," Trump said in a post on Truth Social.

He said the US "suffered immeasurably with open borders, high taxes, transgender for everybody, men in women's sports, Diversity-Equity-Inclusion (DEI), horrible trade deals, rampant crime, and so much more!"

Trump asserted that the US has seen "an incredible rise" during the first 16 months of his administration and pointed to record stock markets and 401(k)s, military victories, renewed economic strength and what he described as a booming job market.