Global markets are on tenterhooks as former President Donald Trump has reignited speculation about a potential resumption of trade talks between the U.S. and China. However, despite Trump’s assertion that negotiations could begin within weeks, official Chinese responses have cast doubt on this timeline. A recent interview published in Time Magazine reveals Trump claiming a phone call initiated by China took place with President Xi Jinping, but China vehemently denies any such ongoing negotiations regarding tariffs or trade issues. This stark contradiction throws light on the fragile nature of the U.S.-China relationship as it creates an atmosphere of ambiguity for investors and global markets already grappling with inflation, rising interest rates, and geopolitical uncertainties.