Why the US lacks leverage over China on trade | DW News

With the US-China trade truce set to expire within days, Washington faces mounting pressure to secure a new deal. Former “phase one” commitments largely went unenforced, and Beijing now wields significant leverage through rare earth exports, technology access, and industrial overcapacity. President Trump is reportedly pushing for a quick agreement, even softening chip export controls, while China maintains strong positions in key supply chains. DW's Kate Ferguson speaks to economist George Magnus of Oxford University's China Center. For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram: https://www.instagram.com/dwnews ►TikTok: https://www.tiktok.com/@dwnews ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1