The Business Times
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THINKING ALOUD

A managed rivalry between US and China serves the world well

History shows that when great powers act together, another country’s sovereignty may be affected

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    • China’s President Xi Jinping (left) and US President Donald Trump have agreed to maintain a trade truce until early 2027, even as tensions persist over other issues.
    • China’s President Xi Jinping (left) and US President Donald Trump have agreed to maintain a trade truce until early 2027, even as tensions persist over other issues. PHOTO: BLOOMBERG
    Mohan Kuppusamy

    Mohan Kuppusamy

    Published Mon, Sep 28, 2026 · 03:07 PM

    STRIP away the hoopla from a meeting of equally powerful world leaders and what is revealed is usually a carefully managed relationship. So it was with the summit in Washington last week between US President Donald Trump and Chinese President Xi Jinping.

    The summit’s only concrete deliverable was the two-month extension of the trade truce concluded in Busan in October 2025, stretching the pause in their tariff war from its Nov 10 expiration this year to Jan 10, 2027.

    On agriculture and rare-earth agreements, progress appears uneven.

    Thinking AloudDonald TrumpXi JinpingUS-China relations

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