China, Trump and trade deal
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The United States and China have agreed on a framework to implement their trade truce, officials on both sides said Wednesday, after concluding two days of talks in London to defuse tensions and ease export restrictions that threaten to disrupt global manufacturing.
Two days of trade talks resulted in what leaders called a framework agreement meant to solidify terms of a truce that the superpowers reached in Geneva last month.
High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy.
China’s Commerce Ministry said over the weekend that it had approved some export licenses for rare-earth-related products, a move seen as a goodwill gesture.
President Trump’s trade team in London for trade talks with China, investors monitoring the escalating situation in L.A. after Trump called in the National Guard over immigration protests, they’re also following the tit-for-tat spat between Tesla’s Elon Musk and Trump.
The Trump administration's 21st week in office is set to include China trade talks in London, a travel ban taking effect, response to the L.A. riots and fallout with Elon Musk.