China, Trump and framework deal
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The parade in Washington, D.C., celebrating the 250th anniversary of the U.S. Army ended with a fireworks show. Meanwhile, protesters clashed with police in Los Angeles. Follow along for live updates,
The deal removes Chinese export restrictions on rare earths minerals and allows Chinese students access to U.S. universities.
President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.
China's dominance in rare earths minerals can cause a shortage for US consumers in everything from cars to TV remotes.
President Donald Trump on Wednesday said in a Truth Social post that a “deal” with China has been completed. “Our deal with China is done,” Trump said in his all-caps social media post. Trump said both countries agreed to ease export restrictions,
3don MSN
President Donald Trump announced Wednesday that China will make it easier for American industry to obtain much-needed needed magnets and rare earth minerals, clearing the way for talks to continue between the world’s two biggest economies.
45mon MSN
The renewed U.S.-China trade truce struck in London left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal, two people briefed on detailed outcomes of the talks told Reuters.
Trump has long bet that he can scare allies into submission. But ahead of G-7, there are signs of pushback from world leaders who are 'increasingly willing to stand up to him.'