USA and China agree on trade frames after talks in London
USA and China agree on trade frames after talks in London
After two days of intensive negotiations in London, the United States and China have agreed a trade framework. This announced China's trade negotiator Li Chengang on Wednesday to journalists, as the Chinese state television company CGTN reported.
Details of the trade agreement
LI said that both sides "in principle approved the framework for the implementation of the consensus that the two heads of state achieved during their calls on June 5 and at the talks in Geneva last month". This agreement could have a significant impact on the trade relationships of both nations.
effects on the global markets
The agreement between the United States and China comes at a critical time when uncertainties in the global markets increase. Investors and companies worldwide are likely to pursue how this trade frame will affect international trade and economic stability.
Next steps
The article is still being created and is continuously updated to reflect on the latest developments in this important trade matter.
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