US and China Establish Framework for Upcoming Trump-Xi Talks

Reported about 10 hours ago

US and Chinese officials have reached an agreement on a substantial framework for a potential trade deal just before Presidents Trump and Xi Jinping's meeting. Key points include potential avoidance of tariff increases, delays in China's export controls on rare earth minerals, substantial purchases of American soybeans, and finalizing the TikTok deal. While optimism grows in the U.S. markets, China has confirmed progress in talks but remains less effusive, indicating that farmers and producers are waiting for final decisions.

Source: YAHOO

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