US President Donald Trump expressed optimism about a potential trade deal with China, citing his strong relationship with President Xi Jinping. He highlighted the success of the Phase One trade deal from 2020 and criticized President Biden for not enforcing it. Despite recent tariffs imposed by both countries, there has been no escalation in the trade war. The Chinese Yuan strengthened against the US dollar, and Chinese stock markets rose, partly due to positive earnings from Alibaba and the introduction of a new AI model by DeepSeek. Teljes cikk (Euronews.com)