Trump, who imposed a wave of tariffs on China in his first term, has slapped another 20% duty on a wide swath of Chinese goods this year. Beijing, the top buyer of American agricultural products, recently imposed retaliatory tariffs of 10% to 15% on a range of U.S. exports like chicken, corn, soybeans and beef.

The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China’s president appears unlikely to make a similar call soon.

LONDON (Reuters) - Wall Street futures looked to open lower on Monday, declining alongside world stocks as building deflationary pressure in China added to growth worries from a lacklustre U.S. economy and an escalating global trade war.

Trump's return to the White House has shifted diplomatic dynamics of the world with the US president triggering a tit-for-tat tariff war with friends and foes alike. Two of the world's biggest economies,

Washington and Beijing are preparing for a face-to-face meeting between Donald Trump and Xi Jinping. The American leader could fly to China as early as April, reports the "South China Morning Post." According to "SCMP,