The China-US Reapproachment
The China-US Reapproachment For years, the story of America and China was mostly about fighting: heavy taxes on each other’s goods, bans on technology, and angry speeches. Lately, the mood has changed. The two countries are talking more and shouting less. In this post, we look at what happened, why it is happening, and whether it will last. How we got here The two biggest economies in the world spent years in a trade fight. Each side put heavy taxes on the other’s products, so things cost more and businesses on both sides got hurt. Things began to soften in October 2025. After the two leaders met in South Korea, they agreed to a one-year pause in the trade fight. The US agreed to lower some of its taxes on Chinese goods, and China agreed to hold off on limiting the supply of rare earth minerals. These minerals are used to make phones, cars and many other things. Leaders visiting each other Th...