The United States and China ended high-stakes trade talks on a positive note on Sunday, with U.S. officials touting a "deal" to reduce the U.S. trade deficit while Chinese officials said the sides had reached "important consensus.

Asian shares are higher after two days of trade talks between China and the U_S_ made what the U_S_ side said was "substantial progress."

Trade talks between the U.S. and China resumed in Switzerland on Sunday as President Trump took to social media to say "great progress" was being made. Trump said in a post late Saturday that the weekend talks were going well, with "many things discussed, much agreed to."