The trade war between the U.S. and China is intensifying as President Trump signals a possible reduction in tariffs. Despite this, significant obstacles remain due to China's confidence in its economic system's resilience. While the U.S. struggles with market volatility and potential recession, China perceives its political stability as an advantage. The absence of active negotiations suggests ongoing tension, with China potentially using its economic tools as leverage against the U.S. Leaders in Beijing believe they can afford to wait for a more favorable negotiation climate.
President Trump may soon reconsider his position on tariffs against China, but significant obstacles to negotiations remain due to China's belief in its economic resilience.
The lack of a serious negotiating process between the U.S. and China suggests that both sides continue to face uncertainty and tension.
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