Can US-China Trade Talks Lead to Lasting Agreement This Year?

Recent developments in US-China trade talks have sparked optimism for a potential agreement between President Donald Trump and Chinese leader Xi Jinping. As both leaders prepare for their first face-to-face meeting since 2019, significant progress has been reported, with a framework established for discussion.

Key elements include China’s commitment to increase purchases of US agricultural products and a delay on export controls of critical minerals. This truce alleviates fears of escalating tariffs, with the threat of 100% tariffs on Chinese goods being lifted.

Concurrently, the crypto market responded positively, reflecting confidence in the market's stability. However, tensions in South Korea reveal a rise in anti-China sentiment, complicating the diplomatic landscape.

Protests have emerged, highlighting concerns over national interests and safety among Chinese residents. Overall, the evolving narrative between the US and China indicates a cautious yet hopeful path towards resolving trade disputes and stabilizing international relations.