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

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 agreed in Geneva last month to a 90-day suspension of most tariffs that exceeded 100% imposed by each side 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 minerals essential for automotive companies and other industries, as well as visas for Chinese students at American universities. $XRP

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 next day, Trump announced via social media that trade talks would take place on Monday in London.