The U.S. has completed a trade framework with China, President Donald Trump said June 11, after China’s restriction on exports of rare earths and magnets threatened to shut down vehicle and parts assembly.
The U.S. and China will maintain tariffs at their current, lower levels following negotiations between the two nations this week in London, Trump said June 11. Trump said Chinese President Xi Jinping and he must still formally sign off on the agreement.
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