U.S.-China Trade Relations

SOURCE www.nbcnews.com
President Trump announces a preliminary trade agreement with China but provides few details. Talks in London aimed to get the trade truce back on track after both sides accused each other of breaching a previous pact. China dominates the global supply of rare earth minerals and metals critical for everyday products.

Key Points

  • Trump announces a preliminary trade agreement with China
  • Both sides accuse each other of breaching a previous pact
  • China dominates the global supply of rare earth minerals

Pros

  • Potential progress in U.S.-China trade relations
  • Efforts to ease export restrictions on rare earth minerals

Cons

  • Lack of specific details provided by President Trump
  • Uncertainty surrounding the outcome of the negotiations