"Global Markets Watch as U.S.–China Trade Pact Awaits Leaders’ Approval"

 U.S.–China Trade Agreement Nears Finalization

As of June 2025, the United States and China are on the verge of finalizing a new trade framework aimed at stabilizing economic relations and reducing long-standing tensions. Negotiations, led by the Trump administration and Chinese officials, have reached the final stages and are now awaiting approval from President Donald Trump and President Xi Jinping.

While the talks mark a positive shift toward cooperation, recent tariffs have already impacted the U.S. economy. Consumer prices have increased notably, with core inflation rising to 2.4% in May 2025, driven by higher import costs. Key sectors such as agriculture, manufacturing, and electronics are watching closely, as the final agreement could bring tariff relief and clearer market access.

This potential deal is expected to address:

Tariff reductions

Intellectual property protections

Supply chain diversification

Fair trade practices

Experts believe this could be a significant turning point in U.S.–China relations, though its real economic impact will depend heavily on enforcement and implem

entation details.