US EditionUS, China reach ‘framework’ of trade deal, Bessent says
Top trade negotiators reached a framework that could avert 100% tariffs and resume U.S. soybean sales to China, setting the stage for Trump and Xi to finalize a deal.
- 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.
221 Articles
221 Articles
U.S. and China agree on trade framework ahead of leaders’ meeting | Honolulu Star-Advertiser
KUALA LUMPUR >> Top Chinese and U.S. economic officials agreed on the framework for a trade agreement on Sunday as U.S. President Donald Trump said he was confident of hashing out a deal with Chinese President Xi Jinping when they meet in the coming days.
U.S., China Agree to Trade Deal Framework
The United States and China have agreed to a framework for a deal that would end the trade war between the two nations, per Sunday comments from the American Treasury Secretary Scott Bessent. Joining ABC’s This Week from Malaysia, where he is traveling with President Donald Trump, Bessent said, “So I think we have averted that, so that the tariffs will be averted.” In interviews on other networks’ Sunday shows, Bessent said the deal includes pro…
PBS NewsHour
BizTocU.S. and China say trade deal drawing closer as Trump and Xi prepare for high-stakes meeting
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 to aim to finalize during their high-stakes meeting.
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