But let's go back to the foundations. Here's what you need to know:
What is the war of war?
The trade war spans a series of escalating trade tariffs between the US and China. It began last June when Trump announced $ 50 billion in Chinese goods charges. A few days later, Xi responded with US $ 34 billion US dollars of tariffs
What does this mean to the public?
Tariffs mean that US products are more expensive. for Chinese importers – and so the soybean, corn and wheat farmers in the US have taken a heavy blow. Big American companies and industrial trade associations, such as Walmart and Costco, have also suffered.
When will it end?
Nobody is quite sure. Trade talks are stagnant in May, and although today's meeting signals a preliminary restart in the talks, US authorities say the final deal is not expected this week.
avoiding new tariffs when setting deadlines for renewal of negotiations.