Trump Says U.S.–China Relations Have Been “Fully Reset”

In Brief:

President Trump announces a full reset in U.S.–China relations, citing a new trade agreement.

The deal excludes tariffs on key sectors but includes China's commitment to open its markets

‍

On May 12, U.S. President Donald Trump declared that the country’s relationship with China has been “fully restarted,” signaling a major diplomatic and economic shift. The statement comes alongside a newly formed trade agreement that, while not covering tariffs on automobiles, steel, aluminum, or pharmaceuticals, includes China's pledge to open its domestic markets more widely.

Trump emphasized that the most significant aspect of the agreement is China’s commitment to economic openness. However, he also noted that the full implementation of these changes will take time.

This announcement follows recent easing of trade tensions between the two nations, a development that has already influenced global markets. The reset in relations is expected to further boost investor confidence, especially in sectors tied to international trade and digital assets.

‍