Donald Trump just concluded the first Asia trip of his second term with one of the highest-stakes dealmaking sessions of his career. His meeting with Xi Jinping did not end in a fiery outburst or the grand bargain the Chinese desired and most Americans and their allies feared, but it was far from inconsequential. The incomplete and tentative agreement struck in Busan, South Korea, revealed the path each superpower is pursuing to dominate global affairs and why they remain at odds.
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