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دايلي بيروت
$495B at risk over US-China trade deal
The article discusses expectations regarding the extension of the trade ceasefire between the United States and China. This agreement would involve a pause in the tariff wars imposed by both sides since 2018, which have led to trade disputes exceeding 100%. Sources indicate that the potential deal will include measures related to agriculture and non-tariff barriers, along with an increase in Chinese purchases of American products, especially in agriculture and aerospace sectors. Despite a 25.1% decline in bilateral trade volume in 2025, reaching $495 billion, China recorded a record trade surplus exceeding one trillion dollars for the first time in 2025. Meanwhile, American exports to China decreased by approximately 29% in November. Markets are awaiting the decision on the extension, scheduled for November 10, amid concerns about potential impacts on economic and political cooperation, as well as developments regarding U.S. positions on Taiwan and the Iran conflict.
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