Trump Says U.S. Trade Deal With China Is Done
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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.
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Here are all the tariffs, counter-tariffs, dealmaking, and deal-breaking between the world’s two biggest economies.
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.
An ethane tanker that loaded in the United States headed to India on Wednesday, ship tracking data showed, after Washington required U.S. exporters to seek licenses to ship the shale gas to top buyer China.
Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55 percent
In return, President Trump said the US will provide China “what was agreed to,” including allowing Chinese students to attend American colleges and universities.
Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
Global stocks and the dollar held steady on Tuesday as trade talks between the United States and China continued into a second day, giving investors some reason to believe tensions between the world's two largest economies may be easing.