News Analysis
The long-awaited U.S.–China meeting in South Korea last week ended with a truce that lowered tariffs and halted a spiraling trade war between the world’s two biggest economies.
China is now buying soybeans again after a months-long hiatus. The rare earth minerals will flow out again. And the tit-for-tat port fees are on pause.
The two national leaders both hailed the meeting as highly positive. President Donald Trump rated it a 12 out of 10. Xi Jinping called it “a new start.”
But behind the friendly banter, the question of how long the detente lasts—and whether the regime will renege on its promises—is another matter....