Donald Trump’s trade conflict with China appears to be entering a new stage. Ahead of his expected meeting with Xi Jinping, both nations have reached a temporary understanding being described as a framework rather than a full trade deal. Reports suggest Washington is easing some tariff pressures and may allow limited technology exports, while Beijing is promising to delay restrictions on rare earth materials and increase soybean imports. However, the agreement lacks clear timelines or binding measures, raising questions about its sustainability. Palki Sharma breaks down how Trump’s tough approach to trade is slowly giving way to cautious compromise and what this shift could mean for the global economic balance.
