The United States and China are negotiating tariff reductions ahead of the summit between Presidents Trump and Xi Jinping. A temporary trade truce is in place and discussions focus on lowering duties on goods totaling approximately $30 billion. Markets price the probability of Xi Jinping visiting the U.S. before the end of 2026 at 94.8 percent. While these talks signal a thawing in relations, major strategic issues such as technology and rare earths remain obstacles to a comprehensive resolution.
Source: Read the original article
