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13 Jun 2025
Xi plays long game on US-China trade as Trump seeks quick wins
Summary: While Donald Trump hailed the outcome of trade talks in London, Xi Jinping walked away with an understated strategic gain: a negotiating process that buys China time and helps defuse the threat of more harmful tariffs and technology curbs. China’s focus was on establishing an “institutional guarantee” for future consultations, rather than specific export controls. The contrast illustrates a disconnect in how the world’s biggest economies want to manage their trade dispute, with Trump seeking quick deals and Xi favoring a framework led by his lieutenants.