Donald Trump has delayed planned tariff hikes on Chinese imports for 90 days, creating space for renewed economic talks. The U.S. will ease restrictions on advanced tech and rare earth imports, while China will boost purchases of American farm goods. Beijing is also deepening BRICS ties to strengthen its role in a shifting global economic order.
U.S. President Donald Trump has postponed a planned increase in tariffs on Chinese imports for 90 days, following weeks of intense negotiations and mutual concessions. The pause gives China room to steer economic talks toward its advantage and maintain leverage in the upcoming rounds of discussions.
Under the latest agreements, Washington will ease restrictions on importing certain advanced technologies and rare earth minerals from China, while Beijing has pledged to significantly increase purchases of American agricultural products. This exchange of concessions helps create a calmer trade environment and delays the risk of an escalating tariff war.
Meanwhile, China is leveraging the BRICS framework to strengthen its influence among emerging economies. Closer ties with Brazil, Russia, and India are expected to be showcased at the upcoming COP30 summit in Brazil, sending a clear signal of the world’s economic order shifting toward multipolarity.