The United States and China have reached a new agreement to ease economic tensions following extensive negotiations in London. This framework builds on a previous trade truce established in Switzerland. Key officials reported progress on critical issues such as restrictions on rare earth mineral exports. The agreement is set to be presented to President Trump and President Xi Jinping for final approval, emphasizing the importance of compliance and communication between the two nations moving forward to resolve economic disagreements.
We have reached a framework to implement the Geneva consensus, Mr. Lutnick told reporters in London, describing the agreement as a handshake.
Both sides had extra impetus to get things done. The U.S. trade representative, Jamieson Greer, focused on ensuring compliance with what was agreed in Geneva.
#us-china-relations #trade-agreement #economic-tensions #rare-earth-minerals #international-negotiations
Collection
[
|
...
]