'US has chickened out': How Xi called Trump's bluff on trade war
In a surprising turn, the US and China have agreed to de-escalate their trade war, with the US significantly reducing tariffs on Chinese goods. Beijing responded by lowering its tariffs on US products. This truce, reached in Geneva, has stunned markets and analysts, as it appears China secured its objectives without major economic reforms.
In a surprising turn, the US and China have agreed to de-escalate their trade war, with the US significantly reducing tariffs on Chinese goods. Beijing responded by lowering its tariffs on US products. This truce, reached in Geneva, has stunned markets and analysts, as it appears China secured its objectives without major economic reforms.
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