Economy · World
US and China discuss tariff cuts amid trade war softening
The United States and China are reportedly discussing tariff reductions in two key sectors, signaling a potential softening of their trade war. This development comes as leaders from both nations, identified as Trump and Xi, engaged in discussions. Meanwhile, Africa is pursuing a different economic path, and China is considering a bid for an Asia-Pacific Economic Cooperation (APEC) free-trade area, which could be seen as a move to challenge the US and attract Asian nations. Separately, cooperation on Artificial Intelligence (AI) between China and the US is considered unlikely.
How outlets across the spectrum covered it
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- Centre (3): Business Insider, South China Morning Post, The Economist