Trump started hiking tariffs on Chinese goods shortly after his return to the White House. China ultimately responded with tariffs of its own. Tensions escalated, with tariff rates hitting the triple digits, before a trade truce in May.

The latest round of talks opened Monday and concluded Tuesday in Stockholm to try to break a logjam over tariffs that have skewed the pivotal commercial ties between the world's two largest economies.

The U.S. and China had agreed to pause most of the sky-high tariffs on each others’ goods amid trade negotiations – but that pause is set to expire in August.