Episode Details

China and the U.S. are on the verge of a major trade breakthrough as leaders prepare to meet in two weeks, aiming to slash tariffs on $30 billion worth of non-sensitive goods — a move designed to ease tensions that flared last year. While both nations are pushing for a new trade board to manage their complex relationship, analysts caution that this deal won’t be transformative, given how much each economy has already adapted to reduced mutual dependence. With the current truce expiring in November, the summit could set the stage for a more stable, if modest, future in U.S.-China trade.

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