The United States and China have agreed to a new trade framework in London, focusing on critical mineral exports, tariff levels, and Chinese student access to U.S. universities. President Trump approved the deal, waiting for final sign-off from Chinese President Xi Jinping.
Key Points
The deal includes provisions on critical mineral exports, tariff levels, and Chinese student access to U.S. universities
Enforcement mechanisms are likely to be in place as long as Donald Trump is president
Pros
Stabilizing key economic ties between the United States and China
Agreement on critical mineral exports and tariff levels
Chinese students can continue attending U.S. colleges and universities
Cons
Not all outstanding issues between the two countries are resolved
The framework is pending formal approval from Chinese President Xi Jinping