Both US and China leaders get concessions to help domestic economy in deal

France 24Thursday, October 30, 2025 at 3:58:45 PM
Both US and China leaders get concessions to help domestic economy in deal
In a significant development, U.S. President Donald Trump and Chinese President Xi Jinping have reached a trade-war truce during their meeting in South Korea. While the relationship remains unchanged in many aspects, both leaders secured concessions that are expected to bolster their domestic economies. This year-long extension of their temporary agreement is a positive step, although the absence of formal signatures leaves room for uncertainty. This deal is crucial as it reflects a willingness to cooperate, which could lead to more stability in global markets.
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