#USChinaTradeTalks

A new escalation threatens the trade truce between the world's two largest economies! Will the truce collapse or be reborn?

The trade talks between the United States and China in London this week are expected to address a series of new disputes that have shaken relations between the two countries, threatening the fragile truce regarding tariffs.

The two sides had agreed in Geneva last month to a 90-day suspension of most tariffs that exceeded 100% which each side imposed on the other, as part of an escalating trade war that raised fears of an economic recession.

Since then, the United States and China have exchanged angry statements regarding advanced semiconductors used in powering artificial intelligence technologies, rare metals essential for automotive and other industries, in addition to visas for Chinese students in American universities.

U.S. President Donald Trump spoke at length with Chinese leader Xi Jinping over the phone last Thursday in an attempt to get relations back on track. The following day, Trump announced via social media that trade talks would be held on Monday in London.#USChinaTradeTalks