Washington, May 21 (PTI) President Donald Trump today said that the "barriers and tariffs" with China will "come down for first time" and that it had agreed to buy massive amounts of American farm products.

Trump's remarks come after China said it would "significantly increase" purchases from the US and Treasury Secretary Steven Mnuchin declared a "hold" on the trade war while negotiations over various trade matters continue.

"China has agreed to buy massive amounts of ADDITIONAL Farm/Agricultural Products - would be one of the best things to happen to our farmers in many years!” Trump tweeted.

"On China, Barriers and Tariffs to come down for first time," he added.

It comes after the high-level delegations from US and China held trade negotiations on a wide range of issues including tariff barriers and intellectual property violations.

Trump wants to bring down the trade deficit with China.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)