Speculation about a "Grand Bargain" between Trump and Xi persists, but deep divisions within Washington, Trump’s erratic leadership, and Beijing’s long-term strategic patience make a major breakthrough unlikely. Even if a meeting occurs, structural mistrust and political instability on both sides suggest any deal would be fragile at best.

China has taken a tough stance against US President Donald Trump, matching the last two rounds of US tariffs with tariffs of its own. The US tariff on goods from China is now 145%, while China’s is 125%. Why does China take such a position, and are there any off-ramps that would allow it to mitigate the costs of a prolonged trade war?

At the wake of the 2008 financial crisis, investor Warren Buffett warned of derivatives as weapons of financial mass destruction. President Trump's "reciprocal tariffs" could have a similar impact on world trade.

It’s impossible to predict the outcome of a random experiment. Yet that is the task that awaits us as we try to make sense of another Donald Trump era.

Given the deadly and complex nature of the U.S. fentanyl crisis, overcoming challenges and making the best of cooperation have become daunting tasks. The United States needs to act to stem domestic demand instead of accusing China of complicity.

By trying to weaponize the U.S. tariffs on America's big trade partners against China, President Trump is basing bad economics on worse geopolitics. It could prove a costly prelude to a global downturn.

Washington and Beijing display stark contrasts in their approaches to the world and to each other. The dividing lines highlight the extremes — perpetrators and victims, oppressors and the oppressed, aggressors and defenders.

China and the U.S. should not entangle themselves in trade imbalances and tariffs but find a new, innovative perspective. The future will be shaped by AI, big data, quantum computing and telecom. Both countries have tremendous common interests.

The United States initially rejected the sale of U.S. Steel to Nippon Steel, as increasing scrutiny is being applied to international acquisition proposals. A major driver is the growing prominence of protectionist sentiment in the country, where the interplay of politics, security and economic interest is presenting new hurdles for businesses.

The two major powers should go beyond their differences and work together to advance global industry and offer even greater joint contributions — finding new ways to secure a peaceful, mutually beneficial relationship.