Politics · 26 October 2025
US and China Agree on Framework for Trade Deal Ahead of Leader Summit
The US and China have established a framework for a trade deal to be finalized during the upcoming meeting between President Trump and President Xi Jinping in South Korea on Thursday. The agreement aims to avoid the threatened 100% US tariffs on Chinese goods, postpone China’s stricter export controls on rare earth minerals for a year, and finalize TikTok’s US operations. China is expected to make substantial soybean purchases from the US as part of the framework, representing potential progress in easing trade tensions.
Reported by BBC News · How we write briefs