Reported about 11 hours ago
The U.S. and China have reached a preliminary framework for a trade deal, with U.S. Treasury Secretary Scott Bessent indicating that 100% tariffs will be lifted. However, significant issues remain, including rare earth exports, soybean purchases, and fentanyl trade regulations. While some optimism is reflected in market movements, uncertainties persist, with negotiators preparing for a crucial meeting between President Trump and President Xi Jinping in Korea. The outcome of this meeting could shape the future of U.S.-China relations.
Source: YAHOO