1. U.S.–China Relations & Tariff Rollback
The Donald Trump administration and Xi Jinping of China held high-level talks in Busan, South Korea. Simultaneously, the U.S. Senate voted to repeal broad tariffs imposed on over 100 nations — a rare bipartisan rebuke of Trump’s previous trade policy. These steps signal potential easing of trade tensions and shifts in strategic alignment — both between the U.S. and China, and globally in supply chains and diplomacy.