US and China set to kick off fresh round of trade talks in London over intractable issues | CNN Business

Hong Kong CNN  — 

A new round of trade negotiations between the United States and China is set to begin Monday in London as both sides try to preserve a fragile truce brokered last month.

The fresh talks were announced last week after a long-anticipated phone call between US President Donald Trump and Chinese leader Xi Jinping, which appeared to ease tensions that erupted over the past month following a surprise agreement in Geneva.

In May, the two sides agreed to drastically roll back tariffs on each other’s goods for an initial 90-day period.

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