In a significant development, Donald Trump appears to be toning down his position on the trade dispute with China, hinting at a possible reduction in tariffs. However, China has not yet reciprocated to this gesture, indicating a sense of resistance and a readiness to function autonomously. Analysts believe that Trump’s change in approach is influenced by internal political challenges. The ongoing situation is being characterized as an economic battle between the two global superpowers. The prospects of a summit between Trump and Chinese President Xi Jinping seem bleak as a result of mutual distrust. The evolving dynamics of this trade war are closely monitored by global markets and economists for potential impacts on the world economy.