#USChinaTradeTalks

๐Ÿ”ฅ A new escalation threatens the trade truce between the two strongest economies in the world! 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 a 90-day suspension of most tariffs exceeding 100% that each party imposed on the other, as part of an escalating trade war that has raised concerns 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 and other industries, as well as special visas for Chinese students at American universities.

Last Thursday, U.S. President Donald Trump spoke at length with Chinese leader Xi Jinping over the phone, 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.