U.S. and China ratchet down rhetoric in trade disputes
Trade disputes rarely escalate as quickly and intensely as the current U.S.–China spat, which has resulted in tariff volleys and vehement rhetoric from each side. But recent statements from both countries suggest that tensions may now be falling.
What's next: Trump indicated on Tuesday that he would send Treasury Secretary Mnuchin to China next week. As both sides have softened their stances, the stage is set for the two sides to consider returning to the negotiating table.