Countries have agreed with a return agreement with a trading truck and the removal of exporting to PRC exports to rare elements of land.
Representatives of the United States and China have joined a framework to return to a trading truck and the removal of exporting restrictions on rare elements of land.
Reuters reported this on Wednesday, June 11.
After a two -day negotiation in London, United States Minister Howard Lutnik said the plot agreement was based on an agreement reached last month in Geneva to reduce bilateral tariffs. According to him, the agreement will remove some of the recent restrictions on the US export.
“We came to a framework for the implementation of the Geneva Consensus … the bottom line we would return and talk to President Trump and make sure he approved it. They (Chinese representatives -ed.) Will return and talk to the chairman of Si and convince him that he will be approved, and if it is approved, we will identify the work agreement,” said the work agreement. “
For his part, China Lee Chengan’s Deputy Minister of Commerce said the main agreements, which will be transferred to the leaders of the United States and China.
The sides have a time until August 10 to conclude a complex agreement to reduce trade tightening, otherwise tariffs will grow from about 30% to 145% from the United States and from 10% to 125% from China.
Remember, Chinese exports to the United States fell 34.5% compared to last year, which was the most sharp fall since February 2020, when trade-19 trade violated.
On June 5, US president Donald Trump held a long telephone conversation with Chinese leader Xi Jinping. This happened after a long period of silence between the leaders of the nations.
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.