Former U.S. President Donald Trump has sought a trade-war truce with Chinese President Xi Jinping during their latest meeting in South Korea, signaling a potential reset in one of the world’s most complex economic rivalries. The discussion centered on restoring balance to trade relations strained by years of tariffs and political friction.
Trump emphasized that a trade truce could benefit both nations as global markets face uncertainty and inflation concerns. His approach marks a noticeable shift from his earlier stance, when trade pressure was a key tool of U.S. foreign policy. Xi, meanwhile, highlighted the importance of stability and cooperation in economic exchanges, urging both sides to focus on mutual benefit rather than confrontation.
According to sources close to the talks, Trump expressed willingness to negotiate broader trade terms, possibly revisiting key tariffs imposed during his administration. While no formal agreement has been announced, both leaders agreed that open dialogue remains crucial for economic progress in Asia and beyond.
Their meeting also covered issues related to technology and digital markets. Recent reports suggest both sides are exploring a compromise regarding TikTok operations and data-sharing regulations. The progress made on this front reflects a growing interest in maintaining fair competition without escalating tensions, a development that aligns with recent updates from South Korea meetings.
Analysts believe Trump’s renewed focus on diplomacy with Xi could be driven by economic strategy as well as campaign considerations ahead of the next election. Restoring trade stability with China might strengthen his global image and appeal to American industries affected by the prolonged trade conflict.
While details remain uncertain, the Seoul discussions mark one of the most constructive exchanges between Trump and Xi in recent years. Whether this signals a lasting trade truce or a temporary pause in rivalry, global markets are watching closely for the next move in this high-stakes economic dialogue.
