The Trump administration has been saying that the two countries are engaged in talks to resolve the dispute, but Beijing asserts that no such discussions are happening.

Beijing continues to be willing to endure economic hardship to put pressure on the U.S., even as the Trump administration hints at a more conciliatory approach.

The U.S. and China held talks on Thursday morning to help resolve an ongoing trade war, President Donald Trump said. "We may reveal it later, but they had meetings this morning, and we've been meeting with China,