Trump Nears China Deal That Could Undo His Own Trade War Fallout

The Trump administration has signaled that a potential trade deal with China could end the tariff war that has strained both economies. The negotiations involve restarting US soybean exports and easing tariffs on Chinese goods — an effort to restore relations to where they stood before the trade conflict began.

Source The New York Times

Analysts argue that the crisis was largely self-inflicted, as Trump’s aggressive tariff strategy backfired by prompting Beijing to create its own licensing system for critical minerals and impose counter-tariffs on American exports.

While the White House frames the deal as a diplomatic success, experts caution that any agreement would be fragile. Trust between Washington and Beijing remains low, and both sides are prepared to reimpose tariffs if talks collapse, threatening a return to volatility in global markets.