The meeting did not secure a broad trade deal, but rather a return to an uneasy truce built on a handful of agreements meant to keep the relationship steady as the two sides move toward one.
Xi walked away with a 10% reduction in 30% tariffs newly imposed by Trump on Chinese goods this year – in exchange for ramping up efforts to control its role in the US fentanyl crisis. He also secured US agreement to put on hold a new rule that would have vastly expanded the number of Chinese companies blacklisted from buying sensitive American tech.
