Jammu, June 15 -- London Talks were preceded by alarming spiral in trade tensions
By Dr Imran Khalid
"We made a great deal with China. We're very happy with it." So declared President Donald Trump in his familiar tone of triumphant ambiguity on June 11, fresh off what was touted as a breakthrough agreement to restore a trade truce between the United States and China. But if history has taught us anything, it is that "done deals" in the Trumpian lexicon tend to be either dangerously fragile or conveniently fungible.
The latest accord, emerging from two days of intense talks in London, follows an alarming spiral in trade tensions that had once again threatened to upend global markets and rekindle the tit-for-tat tariff warfare that haunted...