China's central bank governor on Friday criticized the U.S. for threatening global financial stability with its "recent abuse" of tariffs, in the wake of recent moves seen by both sides as efforts to de-escalate their trade war.

An American business group said that Chinese officials had been surveying companies about American products that are crucial to their supply chains.

China imposed 125% tariffs on all U.S. imports earlier this month in a tit-for-tat response to the Trump administration’s “reciprocal” tariffs against China.