This notion has become widely accepted, since United States President Donald Trump sparked an escalating trade conflict with China last month, effectively bringing trade between the two largest economies to a near standstill. The irony was palpable this week when both the US and China claimed victories after announcing a temporary tariff truce on Monday (May 12). Mr Trump, in his characteristically grandiose manner, declared a victory, touting "a total reset" with China and hinting, without specifics, that China had agreed to fully open its markets to American businesses.
Published at: 2025-05-14 22:00:00
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