Is the trade war between the US and China coming back to the boil?

There have been economic tensions between the US and China that has been for some time dominating the news and the involvement of their respective allies. Is this a new trade war that is coming back to the boil? Banks across the board are under pressure again to pay depositors more as interest rates continue to rise in the U.S. The Japanese video game maker, Sega Sammy Holdings has agreed to buy the makers of Angry Birds for nearly 800 million dollars.