High-Stakes Showdown: U.S.-China Trade Tensions in Focus

Beijing is strategically enhancing its bargaining position as Presidents Donald Trump and Xi Jinping gear up for talks in South Korea. The Chinese government has announced new export controls to fortify its dominance over high-tech manufacturing supply chains. This move comes amid efforts to resolve ongoing trade tensions between the two superpowers.

The current tariff truce, set to expire on November 9, has seen continuous discussions aimed at addressing longstanding issues. China's recent focus on restricting exports of critical minerals underscores its response to U.S. measures limiting its access to advanced semiconductor technologies.

China's geopolitical maneuvering also extends to the sensitive issue of Taiwan, with Beijing pushing for a change in U.S. rhetoric on Taiwanese independence. Meanwhile, fentanyl remains a contentious topic as the Trump administration continues to pressure China over the opioid crisis, amidst reports of Beijing's enforcement actions against related chemicals.

(With inputs from agencies.)