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News in English (USA) / 14.05.2026 / 01:00

US and China Aim to Mend Trade Relations Amid Ongoing Tensions

In response to the significant economic fallout from the tariff war, the United States and China are making efforts to repair their strained trade relationship. Key talks between President Trump and President Xi are set to focus on potential tariff cuts on $30 billion worth of imports as part of a managed trade initiative. Both leaders face the challenge of reviving a trade relationship that has seen a drastic 30% decline during the conflict. Despite modest expectations for the upcoming summit, the discussions are pivotal for addressing the long-lasting effects of previous tariff policies and the broader implications of US-China economic decoupling.
Yahoo Finance, The New York Times, Reuters, NPR, Fox News, CNBC, Semafor, Fox Business, Anadolu Ajansı, Yahoo! Finance Canada