China on Thursday expressed confidence in striking a trade deal with the United States within their 90-day ceasefire period, praising the recent meeting between U.S. President Donald Trump and Chinese President Xi Jinping as highly successful, Reuters reported.

In Argentina last weekend, Trump and Xi agreed to a truce that delayed the planned Jan. 1 U.S. hike of tariffs to 25 percent from 10 percent on $200 billion of Chinese goods while they negotiate a trade deal.

“We are very confident in reaching an agreement (with the United States) within the next 90 days,” China’s commerce ministry spokesman Gao Feng said in a weekly briefing, adding both sides have been communicating and cooperating “smoothly” since the leaders met in Argentina.