Trump secured a major breakthrough with China by cutting tariffs to 47% while getting Beijing to resume soybean purchases, maintain rare earth exports and crack down on fentanyl trafficking. The nearly two-hour meeting with Xi marked a successful finale to an Asia trip that delivered trade wins across the region, pushing global markets to record highs on hopes of ending the damaging trade war.
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Trading away America's technological edge for raw materials is a catastrophic national security failure that puts political headlines above the country's safety. Approving advanced AI chip sales to China risks handing Beijing the tools to build superior weapons systems, while past deals show a pattern of transactions that benefit Trump personally at America's expense.
Xi Jinping outmaneuvered Trump and secured tariff cuts from 57% to 47% while he offered minimal concessions on fentanyl and soybeans. Beijing retains control over rare earths and technology, exposing U.S. weakness. Despite Trump's desperate repetition of "great relationship" like a broken record, it's clear that China dictates terms in the renewed trade war.
There's a 7% chance that the U.S. and China will reach a formal agreement to limit frontier AI training or deployment before 2029, according to the Metaculus prediction community.
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