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The Economic Times

Business / The Economic Times

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Donald Trump and Xi Jinping's 'stalemate' summit was a glitzy gift to China

US President Trump's recent meeting with Xi Jinping aimed to strengthen their personal relationship, but limited progress was achieved. Both leaders agreed on lowering tariffs on certain goods, with no specific timeline provided for implementation. The absence of a Chinese CEO delegation highlighted ongoing investment challenges amid mutual suspicions. China's trade has thrived despite US tariff threats, giving it leverage in negotiations.

28 Sep 2026 3:16 pm