US President Donald Trump

According to US President Donald Trump, a conversation aimed at cooling between the United States and China ended with “transactions.”

He said China agreed to supply US companies with magnets and rare earth metals, and the United States would reverse the threat of withdrawing the visa of Chinese students.

Trump said of his media platform truth society, “The deal with China has been approved by XI and President Na.”

After two days of intense dialogue in London, the conflict was resolved since the agreement was almost paralyzed between the two economies of the world, after the agreement was almost paralyzed between the world’s largest economy.

However, the limited properties of this presentation emphasized the questions that the White House is facing a faster customs strategy to create a solid trade transaction.

On Thursday, President Trump said he would set a unilateral tariff with a trading partner in the next one to two weeks.

The US president said he will reinstate the high tariffs of the world’s high tariffs that specify new transaction conditions before the end of July 9.

Separately, Scott Bessent, US Treasury Secretary, expects to extend the existing suspension of the most aggressive tariffs for the United States to continue trade dialogue with other countries.

For more information on new contracts with China, it is limited. Trump and China’s leader XI Jinping were called last week to start negotiations and were related to the best officials of the two countries.

Officials said that Trump has not removed the new tariffs announced by the two countries since the start of a new trade war earlier this year, but it will not change the extensive outline of the May ceasefire.

“In principle, we have reached a framework to fulfill the agreement that the two countries have reached during the June 5 phone call on June 5,” said Li Chenggang, vice president of China.

The US Secretary of State Howard Lutnik told reporters that both sides said, “We have reached a framework to fulfill the Geneva agreement.”

“If the president approves, we will try to fulfill it,” he added.

He talked with broadcaster CNBC on Wednesday that the talks “cleaned” the Geneva agreement.

“We are entirely on the right way,” he said. “I feel really good.”

White House Secretary of the White House, Carolin Livitudes, said Trump is currently considering details of the deal. “But I liked what the president heard,” she added.

London’s negotiations have been partially caused by the United States because China is too slow to release magnets and exports of rare earth minerals, which are essential for China from smartphones to electric vehicles.

Beijing, in turn, restricted the US’s plan to limit the US’s control and visas for Chinese students to restrict the access to the country’s access to the semiconductor and other related technologies related to artificial intelligence (AI).

In an interview with CNBC, Lutnick said that the United States agreed to remove the “semi -measurement”, not specific about the response.

Financial Minister Scott Bessent, who testified before the parliament on Wednesday, said the recent conversation was narrow and more comprehensive transactions would take time.

“This will be a much longer process,” he said.

In the same hearing, he admitted that trade dialogue with other countries could expand beyond the 90 -day deadline of its own declaration.

“The EU, which is negotiating with a good will, will be raised to continue negotiations to the nations that are negotiated or trading. We will not do it unless someone negotiates,” he said.

When Trump announced the tariffs on imports from several countries earlier this year, China was hit the most.

China responded at a high rate of US imports, triggering more TIT-For-TAT.

In May, the dialogue in Switzerland led to a temporary ceasefire called Trump called “General Reset.”

Trump’s new US tariffs on Chinese products have decreased from 145%to 30%, and Beijing promised to reduce the imposition of US imports to 10%and increase the barriers to important mineral exports. It gave a 90 -day deadline to reach trade transactions.

But the United States and China have later violated non -heading pledges.

Trump said in his social media post that the United States would have a tariff on 55%of Chinese products, but civil servants said they included tariffs that included tariffs during their first term.

The market has rarely reacted to the response to the contract and explained that Terry Haines, the founder of Washington -based consulting Pangea policy, has both “very limited range and unfinished state.”

“It is the smallest achievement to put Geneva’s” pause “on track, and he does not suggest that a wide range of US-China trade trading or designated violence is closer to the future.”