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News in English (USA) / 31.10.2025 / 09:00

US and China Reach Temporary Trade Truce Amidst Ongoing Rivalry

In a recent summit in Busan, U.S. President Donald Trump and Chinese President Xi Jinping agreed to a one-year trade truce, which includes the lowering of U.S. tariffs on China to 10%. The meeting highlighted the complexities of U.S.-China relations, with experts suggesting that while the talks yielded some positive outcomes, many critical issues remain unresolved. Key topics such as fentanyl, rare earths, and technology were discussed, but the long-term effectiveness of the agreement is still in question. Both leaders appear to be navigating a delicate balance in their rivalry, with Trump seeking immediate stability and Xi playing a longer game. Despite the temporary halt to escalating tensions, analysts warn that the underlying issues in the U.S.-China trade relationship continue to pose significant challenges.
Axios, The New York Times, CNN, Financial Times, CNBC, BBC, Al Jazeera, news.cgtn.com, PBS, NBC News