Leaders may roll back tariffs for up to a year as China resumes soybean buys and officials seek short-term economic wins before US midterms
The United States and China are poised to extend the trade truce they negotiated in South Korea by up to a year when President Donald Trump and President Xi Jinping are expected to meet in Beijing in early April, according to several people familiar with the discussions.
Extending the informal months-long understanding, a step seen by officials as realistic and achievable, would anchor the summit around short-term economic wins, including fresh Chinese purchase commitments, the sources said.
Trump is expected to travel to China in early April, according to four people familiar with the plans. An initial arrival date under consideration was March 31, leading to a bilateral meeting with Xi in the first week of April as part of a visit lasting about three days, two of the people said.
What are rare earths, and why is China’s dominance facing global pushback
Source: News - South China Morning Post