🇺🇸 U.S.–🇨🇳 China Summit: A Temporary Truce in Trade Tensions

The latest summit delivered short-term relief for global markets as both sides agreed to cut select tariffs and pause planned 100% hikes, easing pressure on importers and consumers. China delayed rare earth export controls for one year, supporting tech, EV, and defense industries, while pledging to increase U.S. agricultural imports like soybeans. 🌾

Still, this is a truce, not a breakthrough — core disputes over technology, chips, and national security remain unresolved. Businesses gain temporary stability, but strategic competition continues. Managed coexistence, not harmony, defines the new normal. 🌍

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