Is G-2 real or mere rhetoric: Decoding the US-China ‘truce’ reached in Busan

In Focus by The Hindu · Nov 10, 2025 · 35m

In today’s world, relations between the United States and China is perhaps the most consequential of all bilateral ties. They are both economic superpowers. Their geopolitical footprints cover almost the whole planet. Naturally, the trade war between the two has affected economies around the world – troubling markets, disrupting supply chains, bringing more uncertainty than businesses are comfortable with. But an understanding reached between them also carries upsides and downsides for different nations.

In this context, how do we understand the agreement that came out of the Trump-Xi meeting…