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5 Nov 2025

International Economy

Trade tensions between the US and China have eased after Donald Trump and Xi Jinping met for the first time in six years (Business Brief No.4209 Full Ed.)

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  • The talks between Donald Trump and Xi Jinping, who met for the first time in six years in South Korea, concluded with agreements reached on several trade issues. For example, the US will reduce the fentanyl tariff on China by 10 percent, and China will increase its imports of soybeans from the US. 
  • KResearch views the latest US-China trade agreement as only a temporary easing of bilateral trade tensions. 
  • Meanwhile, China's economy in 2025 is still expected to grow at the originally forecasted rate of 4.8 percent. Although exports are likely to grow better than projected, domestic factors such as spending and investment remain weak.

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International Economy