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After demolishing the U.S.-China relationship, Trump is rebuilding it his way

Mint New Delhi

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October 30, 2025

President Trump blew up America’s decadeslong engagement with China during his first term. Now, he is poised to relaunch the kind of engagement with Beijing embraced by predecessors from Bill Clinton to Barack Obama—but on Trump's terms.

- Lingling Wei feedback@livemint.com

After demolishing the U.S.-China relationship, Trump is rebuilding it his way

Donald Trump is expected to travel to Beijing early next year followed by a reciprocal visit from Xi later that year.

(AFP)

Top trade negotiators for the U.S. and China, wrapping up two days of tense talks in Kuala Lumpur on Sunday, said they arrived at a framework agreement that sets the table for Trump and Chinese leader Xi Jinping to agree on a major deal when they meet Thursday in South Korea.

The deal itself appears to be a transactional truce, potentially involving China resuming purchases of U.S. soybeans and delaying new controls on rare-earth minerals. On the table for the U.S. is shelving new tariffs, rolling back the 20% levy on China over its role in the fentanyl crisis in the U.S., and potentially refraining from taking new policy actions against China.

But there is more to the agreement than just a temporary ceasefire. It is the first plank in a newly structured, high-level dialogue, intended to lock in a full year of leader-led diplomacy. The schedule is ambitious: Trump is expected to travel to Beijing early next year followed by a reciprocal visit from Xi later that year.

For Trump, it’s a stunning reversal.

“The first Trump presidency put the U.S. and China on a pathway toward long-term, unquestionable competition, if not confrontation,” said Evan Medeiros, a former senior national-security official in the Obama administration and now a professor at Georgetown University. “Now it appears that Trump is flipping his own script on China, initiating a new phase of more and higher-level engagement.”

Beyond high-level diplomacy, the truce sets the stage for a tactical stabilization of the relationship over the next year.

This detente pivots Trump back to his preferred role as the central dealmaker, securing short-term economic relief—like resumed soybean purchases—that plays well with Republican voting states.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Mint New Delhi

Air India ramps up fleet expansion to IndiGo speed

A little more than two years since it placed the first of two mega-orders of passenger jets on Airbus SE and Boeing Co., India's second largest carrier Air India has started taking deliveries at the rate of one aircraft a week—catching up with market leader IndiGo's additions to its fleet.

time to read

2 mins

October 30, 2025

Mint New Delhi

Mint New Delhi

Cognizant weighs India IPO, raises guidance

More than three decades after it was founded, Cognizant Technology Solutions Corp. is weighing a debut on Indian stock exchanges, which would make it India's second-largest listed IT services company, right behind Tata Consultancy Services (TCS).

time to read

3 mins

October 30, 2025

Mint New Delhi

Mint New Delhi

L&T orders hint at pvt capex revival

Domestic orders jump 50%, cross ₹20,000 cr after 5 quarters

time to read

3 mins

October 30, 2025

Mint New Delhi

Mint New Delhi

Why Sebi's new plan has irked mutual funds

The market regulator has suggested capping brokerage and transaction costs that mutual funds can charge investors. Fund houses are unhappy and their shares fell as much as 8% on Wednesday. Mint breaks down what this means for mutual funds and retail investors:

time to read

2 mins

October 30, 2025

Mint New Delhi

Follow your nose down the bylanes of history

‘The Secret Power of Scent’ takes visitors on a 1,000-year journey

time to read

2 mins

October 30, 2025

Mint New Delhi

Vedanta to boost investment in KCM

Vedanta Resources, the mining and energy company controlled by Indian billionaire Anil Agarwal, proposes to scale up the $1 billion investment in its Zambian copper unit to develop multiple tailing leaching facilities required to enhance copper production from secondary sources, said chief executive officer (CEO) Deshnee Naidoo in an interview.

time to read

1 min

October 30, 2025

Mint New Delhi

BlueStone IPO gets demi-fine jewellery a place in spotlight

A new sparkle BlueStone's blockbuster IPO has boosted investor interest in fashion jewellery startups.

time to read

2 mins

October 30, 2025

Mint New Delhi

Mint New Delhi

CPP targets more growth in India as its portfolio triples

Canada’s CPP Investments expects its India portfolio to grow further after tripling in size over the previous 5 years, top executives at the investment firm said on Wednesday during a media discussion.

time to read

1 mins

October 30, 2025

Mint New Delhi

Shree Cement sticks to its strategy despite slow HI

As large cement makers chase market share, there are concerns over Shree Cement Ltd’s strategy to prioritise a premium pricing over volume.

time to read

1 mins

October 30, 2025

Mint New Delhi

M&As funded by local banks will serve the economy well

Amid the torrent of regulatory notifications from the Reserve Bank of India (RBI) after its last monetary policy meeting, one of the pleasant surprises was its green-lighting of the financing of mergers and acquisitions (M&As) by domestic banks, placing them at par with their global peers.

time to read

3 mins

October 30, 2025

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