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Trade Truce

All articles tagged with #trade truce

US and China Cut Tariffs on $60 Billion of Consumer and Agricultural Goods
global-trade12 days ago

US and China Cut Tariffs on $60 Billion of Consumer and Agricultural Goods

The United States and China have agreed to reduce tariffs on $60 billion worth of goods, with each side lowering duties on $30 billion in non-sensitive products. The deal, brokered through the US-China Board of Trade, covers items ranging from US corn and coal to Chinese toys and appliances. A two-month extension of the trade truce until January 10, 2026, was also confirmed, though strategic sectors like semiconductors remain excluded.

via NBC News|
#agricultural-exports#consumer-goods#global-trade
U.S. and China Detail $60 Billion Tariff Cut Lists, Favoring U.S. Agriculture and Chinese Consumer Goods
international-trade12 days ago

U.S. and China Detail $60 Billion Tariff Cut Lists, Favoring U.S. Agriculture and Chinese Consumer Goods

The U.S. and China have released detailed lists for reducing tariffs on $30 billion of goods from each country, totaling $60 billion in trade. The U.S. list focuses on consumer items like toys and Christmas decorations, while China’s list heavily features American agricultural products. These cuts follow a summit between Presidents Trump and Xi and an extension of the tariff truce to January 2026.

via CNBC|
#agricultural-exports#consumer-goods#international-trade
Xi’s Washington State Visit Ends With Trade Extension but No Major Breakthroughs
politics14 days ago

Xi’s Washington State Visit Ends With Trade Extension but No Major Breakthroughs

Chinese President Xi Jinping concluded a three-day state visit to Washington with President Donald Trump, marked by extensive ceremonial honors but limited substantive outcomes. The leaders extended a trade truce until January 10, 2026, and agreed to meet twice more this year, but failed to reach concrete agreements on artificial intelligence, Taiwan, or the Iran conflict. While the visit emphasized personal rapport and pageantry, critics noted the absence of tangible progress on key strategic issues.

via The Washington Post|
#diplomacy#politics#state-visit
Xi’s US Visit Begins With Historic Welcome and Trade Truce Extension
world16 days ago

Xi’s US Visit Begins With Historic Welcome and Trade Truce Extension

Chinese President Xi Jinping arrived in Washington for a three-day summit, receiving a rare personal welcome from President Donald Trump at Joint Base Andrews. The visit includes a state dinner, closed-door talks on AI and Taiwan, and an extension of the US-China trade truce to January. Xi emphasized partnership over rivalry, while analysts note the unprecedented nature of reciprocal high-level visits within a single year.

via BBC|
#donald-trump#joint-base-andrews#trade-truce
Rare Earth Stocks Surge Amid US-China Trade Talks
world11 months ago

Rare Earth Stocks Surge Amid US-China Trade Talks

The US and China agreed on a trade truce that temporarily halts some export controls on chips and rare earths, with China deferring its rare earth export restrictions for a year. While the deal eases tensions, uncertainties remain about the rollback of previous controls, especially for the defense sector. Rare earth stocks experienced volatility, and the agreement did not address Taiwan or Nvidia's chip sales in China, indicating a cautious step back from full escalation. The deal reflects ongoing strategic competition and efforts to diversify supply chains.

via Investor's Business Daily|
#nvidia#rare-earth-minerals#stock-market
Rare-Earth Market Reacts to China-U.S. Export and Sanction Delays
world11 months ago

Rare-Earth Market Reacts to China-U.S. Export and Sanction Delays

China has announced a one-year suspension of its planned export controls on rare earths, following a trade truce between the US and China at a summit in Seoul. This pause delays measures that would have expanded control over rare earth exports and products containing Chinese rare earths, providing more time for global efforts to develop alternative supply sources and reduce dependence on China. The move is part of broader negotiations and strategic responses by Western nations to China's dominance in critical minerals.

via Bloomberg.com|
#china#export-controls#global-supply-chain