Big Take: Why a Trade Truce Helps China More Than US
Big Take
Why a Trade Truce Helps China More Than US
On Thursday, President Donald Trump and President Xi Jinping of China announced a one-year truce in their trade war, capping six contentious months of negotiations and retaliatory tariffs between the world’s two largest economies. On today’s Big Take podcast, Bloomberg’s Global Trade Editor Brendan Murray and Executive China Editor John Liu join host David Gura to parse the details of the new US-China trade agreement – and why both countries are moving forward without a permanent deal.
Oct 30, 2025