In early May, after two intense days of negotiations in Switzerland, Washington and Beijing agreed to drastically suspend most tariffs imposed since April 2 for 90 days. After the start of a trade war 2.

U.S. President Donald Trump said on Wednesday that China's President Xi Jinping was "extremely hard" to make a deal with. A senior White House official told CNBC earlier on Monday that Trump and Xi are likely to speak this week.