Dhaka, Friday, Jan 16, 2026
US President Donald Trump and Chinese President Xi Jinping have begun a new round of high-level talks aimed at striking a deal that could finally end the years-long, on-again-off-again trade war between Washington and Beijing. The meeting, held at the Gimhae Air Base near Busan’s international airport, marks the most significant step toward reconciliation since the two sides agreed to a fragile truce in May.That temporary truce had scaled back some of the steep retaliatory tariffs — which had soared to over 100% on both sides — and briefly restored optimism in global markets. Yet tensions quickly reignited over two critical issues: Beijing’s access to advanced semiconductor chips and Washington’s dependence on China for rare earth minerals.According to diplomatic observers, Beijing has chosen to “escalate to de-escalate,” a strategy that allowed Xi to enter the talks with a sense of leverage. “Xi will feel like he has walked into this meeting with ...
