Trade discussions have resumed between the U.S. and China as Treasury Secretary Steven Mnuchin and his Chinese counterpart, Vice Premier Liu He, seek to ease friction between the two countries caused by the escalating trade war.

Mnuchin and He on Friday spoke over the phone about a possible future trade deal, The Wall Street Journal reported on Monday. The two did not come to a conclusion, but the discussions are ongoing.

The U.S. Treasury secretary during the call reportedly pushed China to offer a formal agreement before the countries can begin negotiations, the Journal reported.  

The conversation between the financial leaders comes a few weeks after President Donald Trump said that he had a "long and very good" conversation with Chinese President Xi Jinping about trade.

Read more in The Hill.