Trump-Xi Truce Buys Time as Both Seek Leverage
The US and China struck a one-year truce, with the US cutting the fentanyl tariff and extending the existing truce on reciprocal tariffs, and China resuming soybean sales and rare-earths...
By Bloomberg Markets · Bloomberg Markets
The US and China struck a one-year truce, with the US cutting the fentanyl tariff and extending the existing truce on reciprocal tariffs, and China resuming soybean sales and rare-earths flows. Bloomberg's Stephen Engle breaks down what it means. (Source: Bloomberg)