US and China Reach Trade Deal Framework
US and China Reach Trade Deal Framework
US-China Trade Deal
Key Points:
The US and China have agreed on a framework for a trade deal
The deal includes a resolution on TikTok's US operations and a deferral on China's rare earth minerals controls
China will resume substantial soybean purchases from the US
The US will withdraw its threat to impose a 100% tariff on Chinese imports
So, what's next for the US and China?