Economic Policy

Trump’s Trade Deal with China: Undoing Damage or Resetting a Failed Status Quo?

By Economics Desk | October 30, 2025

After months of trade conflict, President Trump’s new deal with China appears less like a breakthrough and more like an attempt to undo the self-inflicted harm from his own tariffs — raising critical questions about America’s strategic approach to China.

President Donald Trump returned from his meeting with Chinese leader Xi Jinping in South Korea touting a victory — but is this deal truly a win for American workers and national interests, or simply a retreat from the damaging trade war he ignited? Are These Tariff Concessions Enough to Protect American Prosperity? Trump started his trade war claiming to ‘level the playing field’ against China’s unfair practices. Yet, after escalating tariffs up to three-digit percentages and provoking retaliatory measures, what we have now is essentially a rollback to conditions worse than those before his presidency. The lifting of some tariffs...

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