China has denied President Trump’s statement regarding recent tariff discussions with Xi Jinping, fueling tensions in the ongoing trade war. This denial has sparked worries about the impact on the global economy and raised questions about Trump’s approach, especially since there has been no direct communication between the two leaders. China’s decision to not participate in talks indicates a willingness to withstand financial challenges, while Trump’s reliability is being questioned due to contradicting accounts. The lack of clarity surrounding the situation has added to the uncertainty in international markets.