In a recently negotiated agreement, the US and China have agreed to pause their trade war, reducing tariffs significantly over the next 90 days. While this development has been cautiously welcomed in China, President Xi Jinping continues to accuse the US of bullying and creating economic chaos. The US tariffs will drop from 145% to 30%, while China's retaliatory tariffs will decrease from 125% to 10%. Despite the optimistic view from the US, underlying tensions and accusations persist, particularly regarding the fentanyl issue and broader economic policies.
The talks between the US and China have shown a cautious optimism, but Xi Jinping's accusations reflect ongoing tensions and economic disparities.
Despite a pause in the tariff war, Xi Jinping asserts that the US is bullying China, indicating that significant underlying tensions remain unresolved.
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