The outlook of an all-out trade war between the U.S. and China remains a central question for the global economy, but the two sides appear to disagree even about whether talks have begun. President Donald Trump late Wednesday said the world’s two largest economies are “actively” discussing trade issues.

Taipei, Taiwan – As United States President Donald Trump plays up the prospects of a trade deal with China, experts say Beijing is unlikely to make the first move and may even demand preconditions before coming to the negotiating table.