US and China Reach Framework Deal on Rare Earths and Tariffs
TL;DR Summary
US Treasury Secretary Scott Bessent announced a significant trade framework with China that avoids 100% tariffs and defers China's rare earth export controls, paving the way for further discussions between President Trump and President Xi Jinping on trade issues.
- Bessent says US, China reach framework deal on rare earths, Trump's tariff threat -NBC interview Reuters
- US and China ease trade tensions on first day of Trump’s Asia diplomacy tour CNN
- Bessent: U.S. ‘addressed’ soybean farmers’ concern with China The Hill
- Chinese and U.S. officials tentatively agree to avert 100 percent tariffs The Washington Post
- US, China reach rare earths, tariff pause for Trump and Xi to consider Reuters
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