Trump and Xi Agree to One-Year Trade Truce at APEC Summit in South Korea
United States President Donald Trump and Chinese President Xi Jinping have agreed to pause their escalating trade dispute, reaching a one-year truce during the Asia-Pacific Economic Cooperation (APEC) summit in South Korea. The agreement marks the first face-to-face meeting between the two leaders since 2019 and aims to ease months of tension that have rattled global markets and disrupted international supply chains. While the truce temporarily halts the exchange of new tariffs, it does not reverse existing trade barriers or fully resolve deep-rooted disagreements between Washington and Beijing. Dennis Wilder, a professor at Georgetown University and former China specialist for the CIA and the White House National Security Council, told Al Jazeera that the outcome represents “a pause and a small rollback in the trade war.” “Both sides have not given up their trade weapons but have agreed to stop […]
