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The United States and China concluded the sixth round of trade talks in Paris, continuing their trade war after a year of escalating tensions. Despite reaching a temporary truce, core issues remain unresolved.
A prominent member of the Democratic Party has warned that former President Donald Trump's war policies could lead to a collapse of the global economy. These statements come at a time when the world economy is facing significant challenges.
U.S. President Donald Trump acknowledged that he 'got carried away' with tariff policies against China, revealing his personal intervention to reduce tariffs to 100% after they reached what he described as 'insane' levels. This admission comes at a critical time as economic pressures mount on the U.S. due to the trade war with Beijing.
China has announced the initiation of two investigations into US trade practices, reflecting its determination to confront tariffs imposed by President Donald Trump. This move comes as a reaction to similar measures taken by Washington against Beijing earlier this month.