Days After Trump and Xi Jinping Call Truce, Talks Resume to Resolve Trade War2Photo© firstpost.com

Days After Trump and Xi Jinping Call Truce, Talks Resume to Resolve Trade War

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Washington: Top US and Chinese negotiators held phone talks on Tuesday as the world's top two economies seek to resolve their trade war, more than a week after they declared a truce.

Talks had broken down in May over US accusations that Beijing had reneged on its commitments, and the dispute escalated with the two sides exchanging steep increases in punitive tariffs.

But US President Donald Trump and Chinese leader Xi Jinping agreed to revive negotiations when they met on the sidelines of the G20 summit in Japan on 29 June.