President Joe Biden greets and
President Joe Biden greets and by The White House Baiden-Harris is licensed under CC-CC0 1.0

The United States and China will set up a new working group for discussing trade tensions, Washington said Monday, as the world's largest economy seeks to cool tensions with its strategic competitor.

Washington's Commerce Secretary Gina Raimondo reached the agreement with her Chinese counterpart in Beijing on Monday, during the latest in a series of high-level trips to China by US officials.

The trips could culminate in a meeting between leaders, with US President Joe Biden saying recently that he was expecting to sit down with China's Xi Jinping this year.

Raimondo met on Monday morning with Chinese Commerce Minister Wang Wentao, describing the economic relationship between the two countries as "the most significant in the world."

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