In momentous news for the global trade war and the global semiconductor industry, President Trump and China’s Xi Jinping have reportedly agreed on a one-year tariff truce that could pave the way for a lasting easing of tensions between the two nations. As reported by the data-analytics-id=”inline-link” href=”https://www.nytimes.com/2025/10/30/business/us-trump-china-xi-trade.html” target=”_blank” data-url=”https://www.nytimes.com/2025/10/30/business/us-trump-china-xi-trade.html” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none”>New York Times, the pair met at an airport in the South Korean city of Busan, which finally brought some clarity and de-escalation to the ongoing trade war between the two superpowers.
According to the report, the two have reached ” a…
