U.S. and China Agree to Stick to Prior Trade Truce
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China's trade negotiator says that the two countries reached an agreement on a trade framework after two days of talks.
2hon MSN
The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript.
NEW DELHI (Reuters) -Indian and U.S. negotiators made progress in their latest round of talks in New Delhi on Tuesday on a bilateral trade deal, having focused on market access for industrial and some agricultural goods, tariff cuts and non-tariff barriers, Indian government sources said.
The ASX 200 has hit a record high on Wednesday as it has surpassed its February peak following fresh reports of the US and China closing in on a trade agreement.
The United States and China reached a framework for a looming trade deal on Tuesday, which comes on the second day of negotiations in London. China's trade negotiator told reporters that the two leaders “have agreed in principle on the framework for implementing the consensus reached by the two heads of state during their phone talks on June 5 and at Geneva talks last month,
Gold prices edged higher on Wednesday as uncertainty surrounding the finalisation of a U.S.-China trade agreement weighed on sentiment and fuelled some safe-haven buying, with investors awaiting key U.
Officials from the world’s largest economies will try to strike a deal Tuesday to relax painful export restrictions that they have imposed on each other.
US commerce secretary Lutnick said the London agreement would lift some recent US export restrictions but gave no details after talks ended
Kyle Bass, Hayman Capital Management founder and CIO, joins 'Power Lunch' to discuss the trade talks happening between the U.S. and China.