Episode Details

China and the U.S. are reportedly making progress in trade talks, with Beijing announcing a preliminary deal to reduce tariffs. This comes after President Trumps visit to China, where he met with President Xi Jinping. The two countries are establishing trade and investment councils to negotiate reciprocal tariff cuts, particularly on agricultural goods. Additionally, China plans to boost two-way trade in agriculture and address non-tariff barriers. In the aviation sector, China will buy U.S. planes and obtain engine parts. This development is part of a broader effort to strengthen U.S.-China relations, with potential meetings between Trump and Xi this year.

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