📊Executive Summary

The article discusses the recent developments in the US-China trade war, particularly the agreement reached between President Trump and President Xi Jinping during their meeting in Busan on October 30, 2025. This agreement includes a one-year truce, where the US will lift most punitive measures against China, including tariffs and export controls. The article highlights the implications of this truce, noting that while it alleviates some immediate tensions, it does not resolve the underlying issues, particularly in the semiconductor sector where export controls have significant implications for supply chains. The article emphasizes that the US has made more concessions than China, which could impact procurement strategies, especially for companies reliant on Chinese manufacturing and rare earth materials....