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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 concerning tariffs.
The two sides agreed in Geneva last month to a 90-day suspension of most 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 manufacturing and other industries, as well as visas for Chinese students at American universities.
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