If a handshake agreement holds, it will merely undo some of the damage from the trade war that President Trump started.

China’s exports to the U.S. fell 34.5%—the sharpest drop since 2020—reflecting trade tensions and China’s pivot to other markets

The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing.