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The centerpiece of the Trump presidential campaign in 2024 was trade relations with China. Tariffs were an outsized component of the policy prescription.
Access to rare earth minerals and Chinese IP theft, and military, commercial espionage were, and still are, major issues in the relationship.
Obviously, some deals are being made, as the allowance of 500k Chinese students into the U.S. in a previous White House announcement confirmed.
This morning, more deals were announced by both sides.
The U.S. and China have confirmed details of a trade framework that seeks to allow rare earth exports and easing of tech restrictions, according to a statement released by China’s Ministry of Commerce Friday afternoon.
China will review and approve export applications for items subject to export control rules, while the U.S. will correspondingly cancel a range of existing restrictive measures imposed against Beijing, a spokesperson for the ministry said in the statement, without elaborating, reported CNBC.
The statement comes after U.S. President Donald Trump said Thursday at an event in the White House that “we just signed with China yesterday.” A White House official later clarified that the administration and China had agreed to “an additional understanding of a framework to implement the Geneva agreement.”
What's hilarious is both nations are communist/marxist/zionist shit holes. So like... which one are you talking about? Lol. Can't trust either one of these countries. Lmao. They both suck ass. America just gets some cock in too.