NewzVille Desk
U.S. President Donald Trump said on Thursday that America has signed a deal with China. President Trump made the remarks while speaking at the Big Beautiful Bill event.
The United States and China have reached an agreement to accelerate the shipment of rare earth materials to the U.S., a White House official confirmed on Thursday. The development comes as both nations work to ease tensions in their ongoing trade dispute.
President Donald Trump had announced on Wednesday that a deal with China had been signed, though he did not disclose specific details. He also hinted at the possibility of a separate agreement that could “open up” India in the near future.
After talks in Geneva in May, Washington and Beijing had agreed to temporarily lower steep tit-for-tat tariffs on each other’s products.
China also committed to easing some non-tariff countermeasures, but U.S. officials later accused Beijing of violating the pact and slow-walking export license approvals for rare earths.
Both sides eventually agreed on a framework to move forward with their Geneva consensus following talks in London this month.
