
Global Affairs Podcast
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Global Affairs Podcast
US-China Trade Agreement Framework Reached
This collection of excerpts primarily discusses recent trade negotiations between the United States and China, highlighting the agreement reached to implement the Geneva consensus and stabilize their relationship after previous tensions. Key aspects of the framework reportedly include China resuming rare-earth exports to the U.S. and the U.S. easing restrictions on advanced technology sales to China. High-level officials from both nations participated in these discussions, though China's public response to the reported agreement appeared delayed compared to the U.S. Despite some positive market reactions and improved small business sentiment related to trade, concerns about the potential impact of trade policy on U.S. economic growth persist, according to the World Bank.