U.S.-China trade talks are at a standstill as tariffs, tech restrictions and political tensions strain economic ties between the two superpowers.

U.S. trade talks with China are "a bit stalled" and getting a deal over the finish line will likely need the direct involvement of President Donald Trump and Chinese President Xi Jinping, U.S. Treasury Secretary Scott Bessent said on Thursday.

President Trump on Friday blasted China and accused it of violating the trade truce the two countries signed earlier this month. Why it matters: Just as courts hollow out Trump's tariff campaign, he's re-escalating on other fronts.