United States President Donald Trump said he had made "fantastic trade deals" with China's Xi Jinping, as the pair met on Friday at final talks of a superpower summit, but the news gave markets little to cheer, while Beijing warned Washington about mishandling Taiwan and over the US war with Iran.

“We're the two superpowers,” Trump told reporters as he departed the White House on Tuesday for the long flight to Beijing.

President Donald Trump is kicking off the busiest portion of his three-day visit to China. It's a trip that may end up focusing more on pageantry and symbolism than major…