Senior U.S. and Chinese negotiators have agreed on a framework to get their trade negotiations back on track after disputes. Talks focused on resolving issues over mineral and technology exports, with President Trump and Chinese leader Xi Jinping trying to calm tensions. Disputes have taken up 30 of the 90 days agreed upon in Geneva, with concerns over unfair trade practices, excess capacity, and more still to be addressed.
Key Points
Trump and Xi Jinping working to calm tensions
30 days already spent out of the agreed 90-day suspension of tariffs
Concerns over unfair trade practices, excess capacity, and fentanyl
Pros
Framework agreement reached to resume trade negotiations
Efforts to resolve disputes over mineral and technology exports
Cons
Uncertainty on progress regarding China's trade surplus with the U.S.