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The EU-China trade truce is under strain as both sides brace for a possible escalation, according to SCMP. The report, flagged by First Squawk, signals that the interim reprieve in commercial tensions may not hold. It matters because the EU and China are major trading partners, so renewed friction could ripple through global supply chains and markets. Watch for official statements or retaliatory measures from Brussels or Beijing that would confirm whether the truce collapses.

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Named in this story

European Union, China, SCMP