A new escalation threatens the fragile 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 related to tariffs.

The two sides had agreed in Geneva last month to suspend for 90 days most of the tariffs exceeding 100% that 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 operating artificial intelligence technologies, rare minerals essential for automotive companies and other industries, as well as visas for Chinese students at American universities.

President Donald Trump spoke extensively 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 take place on Monday in London.