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.
American and Chinese negotiators agreed “in principle” to a framework on how to implement the consensus reached by the previous round of talks in Geneva last month and a phone call between the two countries’ leaders last week, China’s trade negotiator Li Chenggang told reporters in London, according to Chinese state broadcaster CGTN.
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, adding that both countries agreed to ease export restrictions, per the prior arrangement agreed upon in Geneva in May. And the United States will allow Chinese college students to attend American universities after Secretary of State Marco Rubio announced last month a plan to “aggressively revoke” some Chinese students’ visas.
