China has denied the recent claims made by President Trump regarding tariff talks with Xi Jinping, further escalating tensions in the ongoing trade war between the two countries. This development has sparked concerns about the impact on the global economy and has raised questions about the effectiveness of Trump’s approach to resolving the trade dispute, especially in the absence of direct communication with Chinese leadership. The fact that China has refused to participate in negotiations implies a willingness to withstand economic consequences, signaling a tough stance in the face of the trade war. Meanwhile, Trump’s credibility is being called into question due to conflicting reports on the status of trade talks with China. This latest development has added a new layer of uncertainty to the already volatile situation, with implications for businesses and markets worldwide.

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China Denies Recent Tariff Talks with Trump, Escalating Trade War Tensions and Global Economic Concerns
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Gold prices in Delhi drop Rs 1,000 amid global trends; Silver sees sharp decline. Investors eye US-China trade tensions.
