Latest Developments in US-China Trade Negotiations

According to an executive order signed by President Trump, the U.S. and China have agreed to a 90-day pause on tariff increases, averting the risk of an immediate surge in duties. The White House described trade talks with China as "constructive." U.S. Treasury Secretary Scott Bessent raised concerns about China's sales of dual-use technology to Russia and its purchase of sanctioned Iranian oil. The U.S. is also seeking an American buyer for TikTok. Given the Trump administration's recent conciliatory stance, former U.S. trade negotiator Wendy Cutler believes the two countries appear to be moving toward a deal. This temporary truce provides a window for further negotiations on these key issues, impacting U.S.-China trade relations and global economic stability.

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