A Deal in Jeopardy: US-China Trade Tensions Escalate In a dramatic shift, the fragile peace agreement between the US and China is showing signs of unraveling. The fragile truce, which had been in place since 2020, has been a cornerstone of global trade and economic stability. However, sources close to the negotiations indicate that the deal is now fraying - and possibly on the brink of collapse. As tensions escalate, investors and policymakers are bracing for the potential consequences of a full-blown trade war, which could have far-reaching implications for the global economy.
That bargain is now fraying — and perhaps breaking.
