In a significant development, US President Donald Trump appears to be moderating his approach towards the trade conflict with China by suggesting a reduction in tariffs. However, Beijing’s response has been tepid, with Chinese officials indicating a readiness to withstand the economic pressures independently. Analysts point out that Trump’s apparent change in stance may be influenced by internal political considerations. The ongoing situation is being characterized as an economic battle between the two global economic giants. Prospects for a summit between Trump and Chinese President Xi Jinping seem dim at the moment due to a lack of trust between the two parties. The evolving dynamics of this trade war are closely watched by experts and market observers as they could have far-reaching implications for global trade and economic stability.