The talks previously set for late March were delayed by the US-Israeli war with Iran, which has sent global energy prices soaring as shipping through the vital Strait of Hormuz has effectively come to a halt.

Exports from China to the US increased 11.3% year-on-year in April, rebounding from a 26.5% drop in March. Photo / Getty Images

For Trump, China’s massive surplus in bilateral trade between the countries has long been a major sticking point.

Before the key summit, China’s exports to the United States grew 11.3% year-on-year in April, official data showed Saturday, returning to growth after dropping by 26.5% in March.

Economists argue China should shift towards a growth model powered more by household consumption than traditional drivers, including real estate and infrastructure investment.

In a positive sign for domestic spending, imports into the world’s second-largest economy…

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