US EditionUS, China reach ‘framework’ of trade deal, Bessent says
The agreement includes agricultural purchases and fentanyl cooperation, averting a 100% US tariff scheduled for November 1, officials said.
- Top Chinese and U.S. economic officials agreed on a trade framework, as stated by Bessent.
- Bessent indicated that the agreement would postpone China's export controls on rare earth minerals and avoid a new U.S. tariff.
- Li characterized the discussions as 'candid', while Bessent noted 'very substantial negotiations.'
- Trump expressed confidence in the deal, asserting that both countries 'want to make a deal.
327 Articles
327 Articles
US, China edge toward fragile truce ahead of Trump-Xi meeting
The United States and China have reached a tentative framework to avert a renewed escalation in their long-running trade dispute, with both sides signaling readiness for compromise ahead of a planned meeting between the two countries’ top leaders. US President Donald Trump and Chinese President Xi Jinping will meet face-to-face on the sidelines of the […] The post US, China edge toward fragile truce ahead of Trump-Xi meeting appeared first on As…
The U.S. stock market began the week up, driven by promising signs that the long-awaited meeting between President Trump and Chinese leader Xi Jinping, at the end of this week, could culminate in a meaningful trade deal.The Nasdaq Composite (^IXIC) technology led the profits with a strong advance of 1.5%. The S&P 500 (^GSPC) jumped by 0.9%, and the Dow Jones Industrial Average (^DJI) moved approximately 0.6% upwards.
U.S. and China progress on framework deal is a positive for U.S. pork demand
The Hightower Report said, “December hog prices held mostly steady to finish last week and the news that the U.S. and China have made progress on a framework deal ahead of the Trump/Xi meeting on Thursday is a positive for…
Real Clear Politics
UpstractU.S., China Reach Tentative Trade Deal
Negotiators have reached a framework of a trade deal to avert additional 100 percent tariffs that President Donald Trump had threatened to impose on imports from China, setting the stage for the U.S. president's highly anticipated meeting with Chinese leader Xi Jinping on Thursday.
US, china say deal on trade is closer
KUALA LUMPUR, Malaysia — A trade deal between the United States and China is drawing closer, officials from the world's two largest economies said Sunday as they reached an initial consensus for President Donald Trump and Chinese leader Xi Jinping…
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