"Some of the proposed measures involve issues that have only arisen within the last few weeks, including China's plan to impose strict export controls on rare earths from December 1. Whatever Trump and Xi agree to on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, there is little doubt that Washington and Beijing will continue to butt heads as they jockey for influence in a rapidly shifting international order"
"Expectations are modest for how far a US-China deal will go to resolve the differences between the superpowers. Gyeongju, South Korea As US President Donald Trump and Chinese leader Xi Jinping prepare to meet for the first time since 2019, Washington and Beijing appear poised to reach a deal to lower the temperature of their fierce rivalry. But while Trump and Xi are widely expected to de-escalate US-China tensions in South Korea on Thursday,"
Expectations are modest that a US-China meeting in Gyeongju will produce a comprehensive resolution of bilateral differences. The likely agreement aims chiefly to avoid future escalation rather than reverse the trade war and tariff measures from previous administrations. Recent developments include China's announced export controls on rare earths effective December 1, which have been factored into negotiations. Analysts expect continued strategic competition as both powers jockey for influence in a shifting international order. Trade policy experts predict ongoing use of tariffs, export controls, restrictions, and digital rules, indicating that economic tensions will likely persist beyond any immediate de-escalation.
Read at www.aljazeera.com
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