 
  Xi-Trump Busan Meeting: A Turning Point for Global Trade?
In Busan, Chinese President Xi Jinping and U.S. President Donald Trump met ahead of APEC’s Economic Leaders’ Meeting, signaling a potential reset for U.S.-China ties and global trade.
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  In Busan, Chinese President Xi Jinping and U.S. President Donald Trump met ahead of APEC’s Economic Leaders’ Meeting, signaling a potential reset for U.S.-China ties and global trade.
 
  Economic talks in Kuala Lumpur saw the US and the Chinese mainland suspend tariffs, pause export controls, and boost cooperation, aiming to strengthen stability in global markets.
 
  At the 32nd APEC Economic Leaders’ Meeting, President Xi and U.S. trade teams reached consensus on tackling trade issues, emphasizing cooperation and long-term benefits.
 
  Two weeks after the US imposed port fees on vessels from the Chinese mainland, freight rates have jumped up to 8%, adding inflationary pressure as the economy cools.
 
  Delegates from the Chinese mainland and the U.S. reached basic consensus on trade issues in Kuala Lumpur, aiming for win-win cooperation and global stability.
 
  In Kuala Lumpur, the Chinese mainland’s trade envoy, Li Chenggang, called the talks with the U.S. ‘in-depth and candid,’ signaling renewed dialogue amid global uncertainty.
 
  China and U.S. delegations met in Malaysia to discuss tariffs, market access and rare earth export curbs, marking a cautious but critical step toward easing economic tensions.
 
  At the Bund Summit 2025, academics warn US tariffs are rippling through the global economy and call on China and the US to deepen cooperation to boost growth.
 
  China’s Ministry of Commerce warns the U.S. over WTO compliance, highlighting risks to global supply chains and urging corrective action in its 2025 report.
 
  A new global survey shows 67.7% believe the U.S. will lose more in its tariff showdown with China, calling for dialogue and cooperation to stabilize trade and supply chains.