Analysts believe China holds a strong negotiating position, particularly due to its control over the global supply of rare earths. The U.S., on the other hand, continues to exert pressure through export controls on advanced technologies like AI chips. Despite ongoing tensions, China’s industry minister recently met with U.S. businesses, including Apple, and pledged to maintain fair competition and support foreign enterprises. As the trade war continues to unfold, its outcome will shape not just bilateral relations, but the broader global economic order.
(Disclaimer: This slideshow has been sourced from Reuters)