In the coming days, possibly on October 30, U.S. President Donald Trump is expected to meet Chinese President Xi Jinping in South Korea. The meeting is seen as a significant step toward improving relations between the two powerful nations after months of political and economic tensions.

The US–China Trade War and a Possible Pause

The trade tensions between the United States and China appear to be easing as President Donald Trump prepares to meet President Xi Jinping in South Korea. Ahead of their meeting, American and Chinese officials held talks in Malaysia on the sidelines of the ASEAN summit. While no final deal was reached, both sides agreed on a temporary framework to continue discussions. The United States has signaled a softer stance by holding off new tariffs and considering easing some export restrictions, while China has promised to buy more American soybeans and delay rare earth export curbs.(https://youtu.be/Uyb0znCF9aQ?si=7k8ONmo_u3pyIU7E)

US-China talks:Who holds the upper hand?

All eyes are on South Korea as U.S. President Donald Trump prepares to meet Chinese President Xi Jinping, their first direct meeting since Trump’s return to office. The two leaders are expected to finalize a framework to ease the ongoing trade war. Negotiations in Malaysia earlier this week resulted in an agreement to delay new U.S. tariffs and possibly ease some export restrictions.

China, in turn, may lift controls on rare earth exports and resume large purchases of American soybeans. Discussions also touched on the future of TikTok and the export of fentanyl ingredients, though no clear outcomes were announced. Economists such as Meredith Crowley and Fraser Howie describe the deal as a political success but warn that it remains a temporary truce rather than a full economic resolution. (https://youtu.be/5hoRImWx1Wc?si=DWi_EiTxZobQURC5)