🌐 US–China Trade Flashpoint: What You Need to Know The fragile May 2025 trade truce is unraveling. 🚨 Key Developments: Mutual accusations of tariff violations Rare earth export curbs threaten U.S. auto & tech Trump hikes steel/aluminum tariffs to 50% Tech & visa restrictions signal broader decoupling With a Trump–Xi call expected soon, global markets are watching closely. Is this a reset or a breakdown?