The US and China have advanced their trade negotiations by agreeing to a framework in London, marked by in-depth discussions described as professional and candid. This agreement is intended to build on past conversations between the two presidents and recent discussions in Geneva. It underscores the importance of ensuring that critical minerals, vital for technology and defense sectors, continue to flow from China. Further details about the framework remain scarce, and official responses from both sides are pending as the situation develops.
Li Chenggang, China's Vice Minister of Commerce, confirmed that after two days of talks in London, the US and China reached a trade framework agreement focused on critical mineral flows.
The recent framework agreement reflects professional and candid discussions between the two nations, building upon consensus achieved in previous phone calls and meetings.
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