The Wall Street Journal first reported that US President Trump and Chinese President Xi Jinping are likely to hold bilateral meetings during the G20 summit in Buenos Aires, Argentina. It added there is, however, "a little optimism about the emergence of gentleness". The US media reported that Trump decided to advance the plan to meet with Xi Jinping at the G20 summit and appointed officials with moderate positions in the White House to implement his meeting with Xi Jinping. Senior US analysts have said the premise of the special seminar must be that China made substantial concessions on trade issues. The report said the White House appointed the White House National Economic Council and the US Treasury to lead the communication plan with China, rather than the hardline Chinese war led by US Trade Representative Wright Heze and the White House National Trade Commission director Peter Navarro. Mike Pillsbury, Director of the China Strategic Research Center at the Hudson Institute, known by President Trump as the "primary Chinese issue authority", said in an interview with Fox Business that Trump agreed that the main reason for meeting with Xi Jinping is that China is expected to make some major concessions on trade issues. He said: "What I have learned is that China is studying a plan. They are trying to understand where President Trump’s bottom line is, but obviously not sure.US Treasury Secretary Mnuchin, who is attending the International Monetary Fund (IMF) meeting in Bali, Indonesia, told the Associated Press that there is still a lot of work to be done to ensure that the special seminars in November will be able to take place. Another US analyst, Bai Bangrui said that China is working hard, but it has not yet met the requirements of the US. He is cautiously optimistic about the breakthroughs made by the US and China in the special seminar in late November and said this will depend on whether China will make major concessions. Hudson of the Hudson Institute said to Fox Financial Channel that President Trump's ideal goal is to achieve a balance between US and China trade under the principle of reciprocity and significantly increase employment in the United States. He said that China may face out, neither recognize nor solve the problem of compulsory technology transfer and theft of intellectual property rights proposed by the US. However, if China can propose a plan to continuously reduce the US-China trade deficit in two consecutive years and help the United States increase employment, President Trump will accept and temporarily end the US-China trade war.

According to the latest trade statistics, the US single-month trade deficit with China reached a record $34.1 billion in September. In an interview with Fox News, Trump said that there are more tricks for China to trade in the United States. He said: "Chinese people have lived a long time, I guess they think Americans are fools. Americans are not fools."

According to US media reports, the US Treasury will not list China as a currency manipulator in its annual report released next week. This will help both sides ease tensions. Since the beginning of this year, the exchange rate of the RMB against the US dollar has fallen by more than 6%. The depreciation of the renminbi will help alleviate the pressure on Chinese goods to be exported to the United States under US tariffs.