Agreement Reached On Framework Of Trade Deal

June 11, 2025 5:16 am

LONDON (AP) — Chinese state media say that the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month. The announcement came at the end of two days of talks Monday and Tuesday in London. The agreement had been shaken by a series of disputes in the ensuing weeks, leading to a phone call last week between President Donald Trump and Chinese leader Xi Jinping to try to calm the waters. The two countries announced May 12 they had agreed to a 90-day suspension of most of the 100%-plus tariffs they had imposed on each other.