The regulation of a trade dispute between the world’s largest economy has preceded a phone communication between Donald Trump and Xi Jinping.
The United States and China have reached agreements on providing rare minerals and magnets in the United States, allowing a dispute, which has delayed the completion of a broad trade transaction between the world’s largest economy. About this Friday, June 27, financially minister Scott Immotrot said, Reuters reported.
The minister emphasized that he is sure to ensure incessant supplies of magnets, such as preliminarily given.
The disposal of the dispute resolution includes a conversation between President Donald Trump and head of China Xi Jinping. Thereafter, the delegations of both countries will hold London negotiations aimed at coordinating the key provisions of the trade transaction.
Remember that Trump introduced additional tariffs for Chinese goods, prompting China to suspend the supply of a number of critical minerals and magnets in the United States. This decision seriously affects the global supply chain in the major sectors of the economy.
Earlier on June 27 it was reported that the United States had signed a trading transaction with China and planned to terminate a similar agreement with India.
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Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.