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Story perspectives

Trump and Xi Discuss Trade Truce Amid Tensions

10/26/2025

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Story summary
  • U.S. President Donald Trump and China's President Xi Jinping held constructive talks.
  • Trump signaled tariffs could follow if China resumes soybean purchases and fentanyl exports.
  • The trade truce expires November 10, 2025, risking possible escalations.
  • China aims to reduce reliance on foreign technology and boost domestic demand.
  • Despite sluggish domestic demand, China seeks manufacturing dominance and advancement of high-tech industries.