WASHINGTON (AP) — The United States and China are resuming trade talks, raising hopes for a way out of an intensifying dispute between the world's two largest economies.

White House economic adviser Larry Kudlow told reporters Thursday that the U.S. team will be led by David Malpass, U.S. Treasury under secretary for international affairs. Earlier, China said it would send a delegation led by a deputy commerce minister.

This meeting would be the first between senior U.S. and Chinese officials since June 3 talks in Beijing ended with no settlement. The United States has already imposed taxes on...