In a surprising turn of events, US President Donald Trump appears to be easing his position on the trade war with China, indicating a possible reduction in tariffs. However, Beijing has not reciprocated this gesture, signaling its intention to continue operating autonomously amidst the ongoing tensions. Analysts believe that Trump’s apparent change in approach may be influenced by internal political considerations. The current state of affairs is being characterized as an economic standoff between the world’s two largest economies. Despite calls for a summit between Trump and Chinese President Xi Jinping to defuse the situation, prospects seem dim due to the prevailing lack of trust between the two nations. This development comes amidst global concerns about the impact of the trade dispute on the world economy, particularly in key regions like India.

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Trump hints at tariff reduction in China trade war, but Beijing resists, sparking economic war fears.
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