Trump and Xi Strike a Trade Truce But the War Is Far From Over One year after President Donald Trump declared “Liberation Day” and launched one of the most aggressive tariff campaigns in modern American history, the world’s two largest economies have stepped back from the brink at least for now. The Trump-Xi trade truce reached in South Korea in October 2025 brought some relief to global markets, but experts warn that the underlying tensions remain deep and unresolved. Background: What Is Liberation Day and How Did the Tariff War…
Read MoreTrump-Xi Trade Truce: One Year After Liberation Day, Is Anyone Winning the Tariff War
