The renewed U.S.-China trade truce struck in London left a key area of export restrictions tied to national security untouched, an unresolved conflict that threatens a more comprehensive deal, two people briefed on detailed outcomes of the talks told Reuters. Beijing has not committed to granting export clearance for some specialised rare-earth magnets that U.S. … Read more
U.S. Secretary of the Treasury Scott Bessent and U.S. Trade Representative Jamieson Greer address the media after trade talks with China in Geneva, Switzerland, May 11, 2025. | Photo Credit: Reuters The United States and China on Sunday (May 11, 2025) said progress had been made after a weekend of talks aimed at de-escalating trade … Read more
US announces trade deal with China The US on Sunday announced that it had struck a trade deal with China after two days of negotiation facilitated by the Swiss government in Geneva. The details of the deals have not been announced yet.The weekend talks marked a significant step toward thawing US-China trade relations as ahead … Read more
“The agreement text will be publicly released only after this phase is completed,” one of the officials said. “Both sides will review each chapter, and the FTA will not take immediate effect due to procedural formalities.” Legal vetting or ‘scrubbing’ is the final review of a trade agreement’s text to ensure legal clarity, consistency, and … Read more