Watch Trump-Xi Truce Buys Time as Both Seek Leverage - Bloomberg

Oct 31st, 2025

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 flows. Bloomberg's Stephen Engle breaks down what it means.

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