After months of escalating tariffs and retaliatory measures, China and the United States have reached a fragile truce that has begun to stabilize their trade and technology relationship. While tensions over chips, rare earths, and agricultural exports persist, both sides now recognize their mutual vulnerability, creating a cautious but potentially durable détente rooted in economic deterrence rather than dominance.

The unusual movements of U.S. Treasuries and the dollar reflect not only a global reassessment but also questions about America’s national power and international standing. The dollar’s hegemony may soon face a critical turning point.

China’s decision to forgo special rights in the WTO shows that it takes its great power responsibility seriously. It wants to advance trade cooperation with developed economies and with Global South. A trade upturn with the United States in 2026 is much anticipated.

Beijing’s announcement regarding future World Trade Organization negotiations is strategic. It represents both a willingness to promote WTO reform and an institutional adjustment to support high-quality domestic development and opening-up to the world.

Both the U.S. and China share an interest in preventing illicit finance, strengthening cybersecurity and ensuring global stability. What happens next will depend less on technology than on values and governance.

Given the profound changes in the international order and governance system, the diversification of international finance is an inevitable trend. Demand for an alternative global currency is becoming increasingly urgent.

The U.S. president has upended the traditional liberal international order, recalibrated relations with allies and is poised to exert a profound influence on the global strategic landscape through transactional alliances.

The U.S. and China are locked in a new “Battle for the Commanding Heights,” centered not on ideology but on control of critical technologies such as chips, AI, and robotics. While the United States retains major advantages, China’s hybrid model of state guidance and private entrepreneurship gives it powerful momentum, and America risks losing its edge if it underinvests or misreads the competition.

China’s economic struggles have implications for its trading partners across the globe, notably in Europe. What can Beijing’s fight against ‘involution’ tell the world about its future trading prospects?

America’s tariffs have remained a centerpiece of discussion in global trade since the White House announced them, with a clear, coherent path forward yet to emerge. In these first few historic months, how has the aggressive trade policy affected U.S. positions in Asia?