China, Trump
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President Trump said that Beijing was not honoring the terms of a temporary agreement and warned of further confrontation.
Barely a week after a high-profile joint statement signaled a pause in trade hostilities, the U.S. and China are disagreeing again.
China said it will not send its defense minister to the Shangri-La Dialogue in Singapore and recently escalated export restrictions.
Just weeks after US President Donald Trump declared a “total reset” with China following a trade truce in Geneva, tensions are rising again between the world’s biggest economies.
Just two-and-a-half weeks after agreeing to suspend tariffs, both countries are using export controls to disrupt each other’s key industries.
Commerce secretary cites ‘tenuous ceasefire’ between India and Pakistan as a direct result of American president’s power to intervene.
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ET BrandEquity on MSNMisinformation on Chinese social media platforms casts shadow on US-China trade truceFalse claims and misinformation on Chinese social media platforms are fueling anti-American sentiment, potentially jeopardizing the temporary trade truce between the US and China. Experts warn that misleading narratives spread online could exacerbate tensions and influence public opinion.
US consumer confidence rebounded sharply in May from a near five-year low as the outlook for the economy and labor market improved amid a truce on tariffs.