The meeting between Chinese President Xi Jinping and his US counterpart Donald Trump marks symbolic reset in power balance between rivals.
The first in-person summit between Chinese and American leaders since US President Donald Trump’s return to office marked a symbolic reset in the balance of power between the two rivals, yielding a time-bound agreement to pause escalation in their intensifying trade conflict.
From freezing new tariffs and rare earth export controls to resuming key US agricultural exports and pledging cooperation on Ukraine, both sides achieved tactical de-escalation in the Thursday meeting, allowing each to claim a win despite a lack of strategic breakthroughs, according to observers.
