U.S. and Chinese trade officials held a “constructive” phone conversation on Tuesday, White House economic adviser Larry Kudlow said, marking a new round of talks after the world’s two largest economies agreed to a truce in a year-long trade war. Kudlow said the talks “went well” and were constructive. He said the two sides were talking about a face-to-face meeting but warned that there was not a magic way to reach what has so far been an elusive deal. (Reuters)