The White House announced that during the Trump-Xi summit, Donald Trump pledged to reduce tariffs and increase US energy exports to China. He also expressed interest in securing access to rare earths, which are critical for many technologies.
Despite these pledges, analysts noted that the summit provided little concrete action to resolve the ongoing trade disputes. The lack of detailed commitments has left global trade tensions largely unresolved, with many businesses still bracing for potential disruptions.
Trump’s promises were seen as more symbolic than substantive, with experts suggesting that without further details, the impact on global trade remains uncertain. The summit’s limited progress highlights the complexities of addressing trade issues between major economies.