In a recent development in US-China trade relations, both nations have agreed to a truce that suspends the expansion of export restrictions and sanctions on Chinese firms for one year. This agreement comes after high-level discussions between US and Chinese leaders, including Trump and Xi. The US will pause significant tech restrictions and trade blacklist expansions, which had previously affected thousands of Chinese companies, providing market relief amidst ongoing negotiations. Additionally, the suspension could pave the way for advancements in deals like TikTok, highlighting the shifting dynamics in trade policy between the two economic powerhouses.