China cautiously welcomes pause in US tariff war

The rare pause in the US-China tariff war has mixed reactions as both sides hold firm on their trade demands, signaling a potential ongoing conflict despite a temporary respite. President Xi Jinping criticized the U.S. for "bullying," while Trump called for a "reset" of their bilateral relationship. Both agreed to reduce tariffs: the U.S. will lower from 145% to 30%, and China will cut retaliatory tariffs from 125% to 10%. Notably, China removed restrictions on Boeing aircraft imports, but the pause has hurt Chinese exports, with risks of job losses and further trade tensions still looming as both countries closely monitor developments.