The trade talks between US President Donald Trump and Chinese President Xi Jinping in Busan last week resulted in several breakthrough agreements, easing tensions for the two economies. These ranged from soybean purchases, tariff cuts and rare-earth export restrictions and more, though details were initially withheld. The White House on Saturday unveiled the complete terms of the deal, confirming that both sides have agreed to a temporary pause in their prolonged trade dispute. The agreement freezes new tariffs and export curbs, reinstates major agricultural purchases, and creates a one-year negotiation window. The White House said it also blocks a planned 100% tariff on Chinese goods, while China will pause its latest restrictions on rare earth minerals and magnets used in k
US–China trade reset: From port fees, tariffs to rare earths — What Donald Trump and Xi Jinping agreed on
The Times of India14 hrs ago
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