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17 Jul 2025
Trump softens tone on China to secure Xi summit, trade deal
Summary: President Trump has softened his tone on China, aiming to secure a summit with President Xi Jinping and a trade deal. This shift contrasts with his previous confrontational approach and includes allowing Nvidia to sell H20 chips to China, a move some officials view as a concession. While Trump seeks quick wins through purchase deals, concerns persist about the long-term impact on the trade deficit and the potential erosion of US technological advantage.