$BTC A new escalation threatens the trade truce between the world's two strongest 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 regarding tariffs.

The two sides had agreed in Geneva last month to a 90-day suspension of most tariffs exceeding 100% imposed by each side on the other, as part of an escalating trade war that has 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 and other industries, as well as student visas for Chinese students at American universities.

Last Thursday, President Donald Trump spoke at length with Chinese leader Xi Jinping over the phone, in an attempt to get relations back on track. The next day, Trump announced via social media that trade talks would be held on Monday in London. #USChinaTradeTalks