Yet analysts say the Chinese leader is likely holding out for concrete deliverables before agreeing to the high-profile meeting. Trump dramatically escalated the trade war with the world's second-largest economy in April, rolling out sweeping new tariffs that prompted China to respond with its own export duties and other measures.

US and China officials meet in Sweden to discuss tariffs and trade tensions. A possible extension of current tariffs is on the table. Analysts view this as groundwork for a future Trump-Xi meeting. Long-term solutions are needed for trade balance,