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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, in London, U.S. and Chinese officials concluded two days of trade discussions by agreeing on a plan to carry out the consensus established during their May negotiations in Geneva.
- The framework followed a 90-minute phone call between Presidents Trump and Xi Jinping on June 5 and aimed to ease tensions caused by mutual export controls and tariffs.
- Central issues included China’s export restrictions on rare earth minerals, which the U.S. criticized for slow removal, and the suspension of some U.S. export licenses, showing unresolved deep trade differences.
- U.S. Commerce Secretary Howard Lutnick said the framework puts 'meat on the bones' of an agreement and expects rare earths issues to be resolved during implementation.
- The agreement requires approval from leaders in Washington and Beijing, and while it signals progress, longstanding disputes and tariff risks continue to pose challenges for global trade stability.
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The US and China agreed on a framework for an agreement in the trade dispute during negotiations in London.
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.
·Beijing, China
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Total News Sources304
Leaning Left61Leaning Right33Center76Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 36%
C 45%
R 19%
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