U.S. President Donald Trump said on Tuesday he had spoken to Chinese President Xi Jinping and that the two leaders' teams would restart trade talks after a long lull in order to prepare for a meeting at the Group of 20 summit in the city of Osaka later this month.
The United States and China are in the middle of a costly trade war that has pressured financial markets and damaged the world economy. Talks between the two sides to reach a broad deal broke down last month and interaction since then has been limited.
Trump has made no secret that, despite his threat to escalate the dispute with more U.S. tariffs on Chinese goods, he would like to meet with Xi at the G20 meeting next week.