US-China Trade Truce 2025: One-Year Pause After Trump-Xi Talks

After talks between Donald Trump and Xi Jinping, the US and China agreed a one-year trade truce, pausing new tariffs and reopening negotiations on market access, technology, and agriculture. Officials signalled timelines for working groups and monitoring, while businesses and markets welcomed the high-stakes de-escalation, expecting clearer rules, reduced supply chain risk, and potential progress toward a broader framework agreement.