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Can Trump Strike a Grand Bargain With Xi?

JL;DR SUMMARY Amid the intensified U.S.-China trade war initiated by President Trump's tariffs on Chinese goods, the possibility of a grand economic bargain between the U.S. and China emerges as a key global issue. A way out west there was a fella, fella I want to tell you about, fella by the name of Jeff Lebowski. At least, that was the handle his lovin' parents gave him, but he never had much use for it himself. This Lebowski, he called himself the Dude. Now, Dude, that's a name no one would self-apply where I come from. But then, there was a lot about the Dude that didn't make a whole lot of sense to me. And a lot about where he lived, likewise. But then again, maybe that's why I found the place s'durned innarestin'.

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Tags

United StatesTrumpChinaEconomyConsumptionTariffsXi JinpingTrade WarProductionIncome Distribution

Places mentioned

South Korea
"President Trump meets with Chinese leader Xi Jinping today in South Korea against the backdrop of what both the Presidents supporters and detractors present as a decisive moment for the global economy."
Beijing, China
"Many observers initially believed that China would fight to the end, convinced that Beijing had a higher tolerance for economic pain than Washington."
United States
"In 2024, China recorded a staggering $1 trillion trade surplus, while the U.S. ran a $1.2 trillion trade deficit."
Geneva, Switzerland
"Yet that confidence proved misplaced. The truce reached in Geneva this May exposed the limits of Chinas endurance."
Japan
"Consider Japan in the postwar decades. From the 1950s to the 1980s, Japans rapid industrialization closely mirrored Chinas later rise."
India
"This industrial glut has already begun to trigger trade defenses abroadtariffs from the U.S., anti-subsidy probes from the EU, and growing restrictions across even the developing world like India."
Canada
"This industrial glut has already begun to trigger trade defenses abroadtariffs from the U.S., anti-subsidy probes from the EU, and growing restrictions across even the developing world like India."

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Retrieved 2025-10-30 05:31:22 UTC
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