US President Donald Trump said he will hold off on raising tariffs on Chinese goods over the country’s purchases of Russian oil, citing progress he said was made with Vladimir Putin toward ending the war in Ukraine.

The bilateral agreement to extend the temporary trade war truce this week came after a third round of negotiations framed by both sides as positive. Trump’s advisers regularly cite his “excellent” personal relationship with Xi and continue to weigh the possibility of a face-to-face meeting in China later this year.

U.S. President Donald Trump has targeted top economic rival China with a cascade of tariff orders on billions of dollars of imported goods aimed at narrowing a wide trade deficit, bringing back lost manufacturing and crippling the fentanyl trade.

After making a show of getting tough on China, President Donald Trump desperately needs a trade agreement to prove that his disruptive tactics get results. This week, the United States and China agreed to extend their negotiations,

In a surprising reversal of the United States’ years-long technology restrictions on China, President Donald Trump last month allowed Nvidia to resume sales of a key AI chip designed specifically for the Chinese market.

The US leader claims credit for resolving friction but experts in China say he reduces historical complexities to ‘mere schoolyard fights’.

Last week, President Donald Trump announced an additional 25% tariff on Indian exports, citing New Delhi’s continued imports of Russian crude. India is the world’s second-largest buyer of Russian oil after China.

Top Senate Democrats are urging President Trump to rethink his plan that allows artificial intelligence chip sales to China. In an open letter, they warned that the deal could contradict U.S. national security goals.