So Far, Soy Good

Uncle Sam and China are on friendlier terms after President Trump’s face-to-face with President Xi yesterday. 

The two struck a trade deal after a nearly two-hour meeting in South Korea. The U.S. will cut tariffs on Chinese imports to 47% (down from its peak of 145%); in exchange, China will resume purchasing American soybeans, pause export limits on rare earth minerals (restrictions that threatened supply chains of fighter jets and phones), and cooperate on stopping the flow of fentanyl precursor chemicals into the U.S. 

Trump said the “truly great” meeting was “a 12” out of 10; Xi said the two countries “can still find ways to thrive side by side” despite normal “friction.”

After the meeting, Treasury Secretary Bessent said the U.S. got Chinese approval for TikTok’s sale to a group of mostly American investors.

Verse to consider whether you’re building bridges with another world leader or a noisy neighbor…“If possible, as far as it depends on you, live at peace with everyone.”
Romans 12:18 (CSB) (read full passage)