23 Hrs
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الاقتصادية
Trum-Shi Summit: Key Economic Issues
The article discussed an extraordinary summit bringing together U.S. President Donald Trump and Chinese President Xi Jinping. The meeting focused on extending the trade truce between the two countries until 2027, following a surge in tariffs exceeding 100%. The discussions centered on reducing the U.S. trade deficit, increasing China's purchases of American agricultural products, and easing mutual tariffs, with Beijing committing to lifting restrictions on the export of rare metals and other essential materials for war and industry. The summit also addressed technology issues, particularly the regulation of AI exports and electronic chips, and touched on the situation in the Middle East, where China is seeking to ensure stable oil supplies through the Strait of Hormuz, after declining oil flows and disruptions to its supply lines caused by U.S. sanctions, amid unprecedented rises in fuel prices in the United States. The summit aims to strengthen economic and security cooperation between the world's two largest economies and to promote stability in the energy and technology markets.
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