U.S. and China signal thaw in trade tensions
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U.S. President Donald Trump and Chinese President Xi Jinping met Thursday in South Korea, signaling a potential easing of trade tensions.
Trump called the talks “amazing,” saying he expects a trade deal soon.
In exchange for tariff cuts, Beijing reportedly agreed to crack down on fentanyl, resume U.S. soybean imports, and ease rare earth export limits.
Markets responded positively, though experts caution it’s only a “pause” in the ongoing trade war.
Crypto traders are watching closely — previous tariff threats were blamed for a $19 billion crypto market crash in October.

