Wall Street Journal (gated), in brief:
As the U.S. prepares for a new round of trade talks with China next week, Trump is increasingly shifting from a strategy of pressure to one of negotiation, aiming to secure an economic agreement that would expand U.S. access to Chinese markets, particularly in business and technology.
- Trump is now pursuing dealmaking, according to people familiar
- A key signal of this shift was the recent lifting of a ban on Nvidia’s AI chip exports to China, easing prior national security restrictions and encouraging more U.S. tech sales to Beijing.
- Trump is now “pushing very hard” for a deal, while the White House reiterated that diplomacy remains the president’s preferred approach, highlighting his desire to deliver better trade terms for Americans.
Chinese negotiators will be led by Vice Premier He Lifeng. The two sides will meet in Stockholm next week.
This article was written by Eamonn Sheridan at investinglive.com.
