What’s the US-China Trade War All About?: QuickTake

Oct. 28, 2025, 2:44 AM UTC

If Donald Trump and Xi Jinping meet as planned on Oct. 30 – for the first time since the US president reignited a global trade fight in April – the world will be watching to see whether they strike a long-awaited trade deal and put an end to months of escalating threats, including triple-digit tariffs that risked crippling commerce between the world’s two largest economies.

Just days out from the meeting – and just weeks after Trump threatened to slap 100% tariffs on imports from China during a new flare-up over rare earths licenses, tech exports and shipping levies – ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.