The trade war between the US and China escalates. Europe has theoretically 90 days to negociate with Trump

The leaders of the 2 largest economies of the planet exchange blows in the raging customs war. The U.S. imposed a customs work of 145 percent on China. Beijing sounds like there's no winners in this fight. Donald Trump emphasizes that he respects the Chinese leader very much, but the Chinese utilized America in an incredible way. Additional "retaliatory" duties on many another countries, including the European Union, were suspended for 90 days. According to European politicians, this opens the door to negotiations with the White House.