US and China Trade War: Who Is Winning?
· World · Al Jazeera, France 24
Chinese President Xi Jinping is set to meet US President Donald Trump at the White House for a three-day state visit to discuss the ongoing trade and AI technology conflict. As of July 2026, Chinese goods entering the US face an average tariff rate of 36.5 percent, while US goods entering China are taxed at an average of 31 percent. Trade between the two nations dropped by nearly 30 percent in 2025 following the imposition of new duties and export curbs on AI chips and strategic metals. While bilateral trade has declined, China recorded a $1.2 trillion global trade surplus last year as it expanded exports to other markets. The meeting on Thursday aims to address the future of the fragile trade truce between the two largest global economies.
Why it matters
The ongoing trade war directly impacts global supply chains and technology costs, affecting businesses and consumers worldwide who rely on US-China trade stability.
Read the original report — Al Jazeera
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