U.S. & China strike early deal on key trade points.
By Maxime Laurent · 2025-10-26 20:12
U.S. & China strike early deal on key trade points.
A framework agreement reached ahead of the big summit. 🇺🇸🇨🇳🤝
Here’s the scoop: top U.S. and Chinese trade negotiators met in Kuala Lumpur and reported a preliminary consensus on a wide range of issues — including pausing some punitive tariffs, delaying China’s rare-earth export restrictions, and boosting Chinese purchases of U.S. soybeans.
Key takeaways:
The U.S. threatened 100 % tariffs on Chinese goods starting November 1; the new deal would avert that.
China is expected to delay its rare-earth licensing regime for about a year, giving U.S. industries breathing room.
China will “resume substantial purchases” of U.S. agricultural goods — relief for U.S. farmers.
The full deal still awaits leadership sign-off (Donald Trump & Xi Jinping) during their meeting later this week.
It’s not a complete long-term peace treaty yet, but damn — for once the rhetoric is backed by concrete steps. Markets might breathe a little easier now.
#USChinaTrade #Tariffs #RareEarths #GlobalEconomy #CryptoNews
A framework agreement reached ahead of the big summit. 🇺🇸🇨🇳🤝
Here’s the scoop: top U.S. and Chinese trade negotiators met in Kuala Lumpur and reported a preliminary consensus on a wide range of issues — including pausing some punitive tariffs, delaying China’s rare-earth export restrictions, and boosting Chinese purchases of U.S. soybeans.
Key takeaways:
The U.S. threatened 100 % tariffs on Chinese goods starting November 1; the new deal would avert that.
China is expected to delay its rare-earth licensing regime for about a year, giving U.S. industries breathing room.
China will “resume substantial purchases” of U.S. agricultural goods — relief for U.S. farmers.
The full deal still awaits leadership sign-off (Donald Trump & Xi Jinping) during their meeting later this week.
It’s not a complete long-term peace treaty yet, but damn — for once the rhetoric is backed by concrete steps. Markets might breathe a little easier now.
#USChinaTrade #Tariffs #RareEarths #GlobalEconomy #CryptoNews
Disclaimer: This content is for informational purposes only and not financial advice.