US and China Agree on Trade Tensions De-escalation Plan

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Source: Bloomberg.com
US and China Agree on Trade Tensions De-escalation Plan
Photo: Bloomberg.com
TL;DR

The US and China have agreed on a preliminary plan to ease trade tensions, focusing on resolving issues related to rare earth minerals and other critical exports, with both sides preparing to seek approval from their leaders. The talks, held in London, aim to rebuild trust and potentially lift some trade restrictions, amid ongoing negotiations and a temporary tariff truce.

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