Economics

Trump Tariff Delay Doesn't Mean Trade War Is Over, Analysts Say

  • Two nations will shift their battlefield: Guotai Junan
  • Tensions over China’s rise to continue: Oxford Economics
Trump Extends China Tariff Truce
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Analysts welcomed U.S. President Donald Trump’s decision to delay the imposition of higher trade tariffs on Chinese shipments, but said it doesn’t signal the end of economic hostilities between the world’s two biggest economies.

Trump announced the delay of higher tariffs for an unspecified period via Twitter on Sunday night, U.S. time. While his tweets said they had made substantial progress, he later toldBloomberg Terminal reporters the talks still have "a way to go."