In today's interconnected global economy, the U.S. and China need each other — plain and simple. The new trade framework hammered out in London reflects this mutual dependence. America relies on critical Chinese resources, such as rare earths, while China depends on U.S. technology and market access. This deal isn't just diplomacy — it's a recognition that shared prosperity demands cooperation.

The agreement lacks substance and represents another temporary bandage on fundamental trade imbalances. China continues to manipulate critical mineral exports while the US maintains necessary technology restrictions to protect national security interests. Real structural changes remain elusive.

The newly announced framework may signal progress, but it stops short of resolving the deep-rooted structural issues that have long plagued U.S.-China trade. Without clear commitments or enforcement mechanisms, it risks becoming yet another temporary pause rather than a lasting solution. Markets remain cautious, noting that trust is fragile — and tariffs are likely to remain high regardless.