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TRADE NEGOTIATIONS

A high-resolution, horizontal, minimalist image showing the U.S. flag on the left and the Chinese flag on the right, split by a jagged, glowing white lightning bolt. Magnetic field lines curve outward from both flags, symbolizing opposing forces. The dark background enhances the tension and visual contrast between the two sides

Curtain up on another U.S.–China trade drama

As Washington and Beijing unveil another “breakthrough” on rare earths, what emerges is less a deal and more a performance—an endlessly repeated drama where power, perception, and policy blur on cue