#USChinaTradeTalks
The latest trade negotiations between the USA and China have resumed after a temporary truce, but tensions remain. Following a call between Trump and Xi, the countries agreed to a new round in London.
This is a result of the May agreement in Geneva, which provided for a 90-day suspension of most high tariffs: the USA reduced them to 30%, China to 10%. However, the parties have already accused each other of violating the agreements.
Key discrepancies remain: the USA criticizes China over minerals and chips, while China criticizes the USA over visas. Experts see this as a "pause in escalation" rather than a resolution of conflicts. Global markets are reacting to this uncertainty.
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#USTrade #ChinaTrade #TariffWars #globaleconomy #Geopolitics