China Issues Update After Trump Reveals Trade Deal
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources.
Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content.
China confirmed that it had agreed with the U.S. to approve the accelerated export of rare earths after President Donald Trump said he had made a trade deal with Beijing.
The agreement relates to the earlier U.S.-China trade talks in Geneva.
A spokesperson for the Chinese Ministry of Commerce said on Friday, June 27, that leaders of the two countries had now approved the details of the agreement.
They said the U.S. will also lift some of its restrictions.
China hopes the two countries will continue to move toward each other, the spokesperson said.
This is a breaking news story. Updates to follow.
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