


US and China Reach Trade Framework Amid Tariff Reductions
The US and China have agreed on a trade framework, reducing tariffs significantly while continuing negotiations to resolve ongoing trade disputes.



Critical minerals give China an edge in trade negotiations

Associated Press


Trade war truce between US and China is back on

ARS Technica





Rally Incoming... Get Ready

Breitbart News
US-China trade talks in London enter their second day

Associated Press
Overview
- The US and China have agreed to reduce tariffs by 115 percentage points and implement a 90-day suspension to resolve trade tensions.
- Negotiations took place in Geneva and London, resulting in a framework agreement to ease trade disputes.
- President Trump announced a 55% tariff on Chinese imports, while China will impose a 10% tariff on American goods as part of the deal.
- Global stock markets reacted positively, with significant gains in major indices following news of the trade agreement.
- The framework includes provisions for rare earth minerals and access for Chinese students to US colleges, indicating a broader scope of cooperation.
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Analysis
Left
Emphasizes the US and China reached a trade framework agreement after two days of negotiations.
The US and China have reached an agreement on a trade framework after two days of talks in London.



The US and China agreed to a 90-day pause on escalating tariffs, reducing US levies from 145% to 30% and Chinese duties from 125% to 10%.



China holds a virtual monopoly on the supply of critical minerals, particularly rare earths, essential for various industries and manufacturing.


The framework builds upon a deal reached in Geneva last month to ease tensions and tariffs.


Lawmakers are permitted to make trades but are mandated to report any activity done on their behalf within 45 days.

Center
Emphasizes ongoing U.S.-China trade talks aimed at resolving disputes and easing tensions.
Both countries agreed in Geneva to a 90-day suspension of most of the 100%-plus tariffs imposed on each other in an escalating trade war.



President Trump announced that a trade deal with China is completed pending final approval.



Howard Lutnick announced a framework to implement the Geneva consensus.



Britain's FTSE 100 index increased by approximately 0.25% to reach 8,862.915.



Brent crude, the international standard, increased by 17 cents to $67.045-$67.22 per barrel.



The U.S. dollar strengthened against the Japanese yen, reaching 145.11 yen from 144.84 yen and then 144.63 yen from 144.61 yen.



Tensions have escalated between the U.S. and China since the Geneva talks, with disputes arising over advanced semiconductors, visas for Chinese students, and rare earth minerals.



China is considering easing export restrictions on rare earths, which are crucial for multiple industries.



Beijing is urging the U.S. to remove restrictions on Chinese access to technology necessary for producing advanced semiconductors.



The U.S. and China are in London for a second day of trade talks.



Right
Emphasizes Trump's announcement of increased tariffs on Chinese goods to 55% amid trade negotiations.
Trump announced that American tariffs on Chinese goods will be increased to 55%.



Stocks have surged significantly after falling approximately 20% below their previous record two months ago.



President Trump announced a new trade deal in which the US will receive magnets and rare earth minerals from China.



The U.S. will grant Chinese students access to American colleges and universities in exchange for reciprocal opportunities for American students in China.



Multiple global brands are potentially connected to forced labor in their Chinese supply chains.



The United States and China have temporarily halted many of their announced tariffs on each other's exports during ongoing negotiations.



President Trump praised a federal appeals court decision to uphold his extensive tariffs.



The U.S. Court of Appeals for the Federal Circuit in Washington ruled that tariffs can stay in effect while they review a lower court decision blocking them.



The appeals court's decision allows Trump to maintain his 'Liberation Day' tariffs on imports from most U.S. trading partners, including separate tariffs on Canada, China, and Mexico, for the time being.



The appeals court has not yet ruled on the legality of the tariffs under the emergency economic powers act cited by Trump, but has allowed them to remain in place during the ongoing appeals process.



Left
Emphasizes the US and China reached a trade framework agreement after two days of negotiations.
The US and China have reached an agreement on a trade framework after two days of talks in London.



The US and China agreed to a 90-day pause on escalating tariffs, reducing US levies from 145% to 30% and Chinese duties from 125% to 10%.



China holds a virtual monopoly on the supply of critical minerals, particularly rare earths, essential for various industries and manufacturing.


The framework builds upon a deal reached in Geneva last month to ease tensions and tariffs.


Lawmakers are permitted to make trades but are mandated to report any activity done on their behalf within 45 days.

Center
Emphasizes ongoing U.S.-China trade talks aimed at resolving disputes and easing tensions.
Both countries agreed in Geneva to a 90-day suspension of most of the 100%-plus tariffs imposed on each other in an escalating trade war.



President Trump announced that a trade deal with China is completed pending final approval.



Howard Lutnick announced a framework to implement the Geneva consensus.



Britain's FTSE 100 index increased by approximately 0.25% to reach 8,862.915.



Brent crude, the international standard, increased by 17 cents to $67.045-$67.22 per barrel.



The U.S. dollar strengthened against the Japanese yen, reaching 145.11 yen from 144.84 yen and then 144.63 yen from 144.61 yen.



Tensions have escalated between the U.S. and China since the Geneva talks, with disputes arising over advanced semiconductors, visas for Chinese students, and rare earth minerals.



China is considering easing export restrictions on rare earths, which are crucial for multiple industries.



Beijing is urging the U.S. to remove restrictions on Chinese access to technology necessary for producing advanced semiconductors.



The U.S. and China are in London for a second day of trade talks.



Right
Emphasizes Trump's announcement of increased tariffs on Chinese goods to 55% amid trade negotiations.
Trump announced that American tariffs on Chinese goods will be increased to 55%.



Stocks have surged significantly after falling approximately 20% below their previous record two months ago.



President Trump announced a new trade deal in which the US will receive magnets and rare earth minerals from China.



The U.S. will grant Chinese students access to American colleges and universities in exchange for reciprocal opportunities for American students in China.



Multiple global brands are potentially connected to forced labor in their Chinese supply chains.



The United States and China have temporarily halted many of their announced tariffs on each other's exports during ongoing negotiations.



President Trump praised a federal appeals court decision to uphold his extensive tariffs.



The U.S. Court of Appeals for the Federal Circuit in Washington ruled that tariffs can stay in effect while they review a lower court decision blocking them.



The appeals court's decision allows Trump to maintain his 'Liberation Day' tariffs on imports from most U.S. trading partners, including separate tariffs on Canada, China, and Mexico, for the time being.



The appeals court has not yet ruled on the legality of the tariffs under the emergency economic powers act cited by Trump, but has allowed them to remain in place during the ongoing appeals process.



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