Shortly after President Donald Trump returned to the White House in January, he launched a tariff war against China, as part of a broader implementation of import taxes on goods from several dozen countries as Trump seeks to reset the foundations of global trade.
Beijing retaliated, and the tariffs on each other escalated to a level that was considered a trade embargo, bringing the two sides to the negotiating table in Geneva in May. Both sides rolled back their tariffs, but tensions flared up over nontariff barriers such as export controls.
