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Trade war

Tensions mount between US and China as summit nears

But both sides hint that trade war cease-fire is on the table

The U.S. "will not change course until China changes its ways," Vice President Mike Pence said at the APEC CEO Summit in Papua New Guinea.   © Reuters

WASHINGTON/BEIJING --  A high-stakes summit in Argentina at the end of this month between U.S. President Donald Trump and Chinese President Xi Jinping that could have a lasting impact on the countries' relationship is now the focus after the two sides traded pointed barbs over the weekend at a regional forum in Papua New Guinea.

Trump is threatening to impose more measures in his fight to maintain America's hegemony while still suggesting he is willing to strike a deal. Xi, who is increasingly worried by the weakness of his country's economy, has prepared a list of measures that accede to some of Trump's demands.

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