China's President Xi Jinping is reportedly preparing to offer President Trump a trade deal to delay or eliminate the tariffs and technology restrictions imposed by the US. The proposal focuses on reviving the 2020 Phase One trade deal, with China promising to increase purchases of American goods and services, particularly in tech hardware, chips, semiconductors, and US energy products. China also plans to invest in US industries, especially electric car battery production. However, there are disagreements within the Trump administration regarding the deal, with some officials pushing for tougher action against Beijing. Additionally, the issue of TikTok's algorithm remains a sticking point.
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