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China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks
- On June 9, 2025, U.S. and Chinese officials concluded two days of trade negotiations in London, agreeing on a framework to implement a May consensus on easing tariffs and export restrictions.
- The talks followed retaliatory export controls by China on rare-earth minerals in April against high U.S. tariffs and a rare June 5 phone call between Presidents Trump and Xi reinforcing the earlier Geneva agreement.
- Negotiators, including U.S. Commerce Secretary Howard Lutnick and Chinese Vice Premier He Lifeng, emphasized resolving rare earths and magnets export issues crucial for technology products like smartphones and electric vehicles.
- U.S. officials described the talks as "productive" with Lutnick stating the framework "puts meat on the bones" of the Geneva deal but acknowledged differences remain on trade policies and implementation speed.
- The agreement aims to stabilize trade and remove China’s export curbs, yet observers caution that durable resolution is uncertain as both sides await leadership approval and further detailed negotiations.
299 Articles
299 Articles
China, U.S. reach principled consensus after in-depth, candid trade talks
China and the United States have made new progress in addressing each other's economic and trade concerns after their two-day in-depth and candid trade talks in London, according to a statement released by the Chinese side on Wednesday.From June 9 to 10 (local time), the world's two largest economies held their first meeting of the China-U.S. economic and trade consultation mechanism. They reached a principled agreement on implementing the impor…
US-China Negotiations Conclude with Preliminary Agreement to Pause Trade War - Real News Now
High-level negotiations between the United States and China concluded in London recently, announcing a preliminary agreement to reinstate the pause in the ongoing trade war. These discussions lasted for two, intensive days and ended without the disclosure of further details. The US delegation, led by the Treasury Secretary Scott Bessent and including Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer, is on their way back …
U.S. and China Set Trade Truce in Motion, Rare Earths at the Center
US and Chinese officials have agreed on a framework to implement the Geneva trade consensus, following two days of negotiations in London, as confirmed by both sides’ official statements. The talks focused on resolving disputes over rare earth minerals and magnets, which are vital for industries like automotive, aerospace, and electronics. The Geneva agreement, reached […]
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