U.S. and China Advance Trade Dialogue Ahead of Leaders’ Summit

Washington and Beijing negotiators made progress on tariff-rollback discussions and data-governance clauses ahead of next week’s Trump-Xi summit in Seoul. Officials confirmed draft language covering $150 billion in bilateral commerce, including semiconductor and clean-energy goods. Analysts say the framework could de-escalate supply-chain tensions and reinforce global manufacturing stability. The accord follows months of diplomatic outreach after pandemic-era disruptions, positioning both economies for renewed cooperation while balancing strategic competition in emerging technology sectors.