After two intense days of negotiations in London, representatives from the United States and China announced on Tuesday a strategic consensus that could redefine the course of global trade. The understanding resumes the agreement made in Geneva and establishes a framework for its practical implementation.
U.S. Secretary of Commerce, Howard Lutnick, and representative Jamieson Greer informed that they will return to Washington to submit the proposal for President Trump's approval. China also indicated that it will wait for President Xi's endorsement. If both leaders approve, the agreement will be put into practice.
The central point involves the release of rare earth exports, crucial materials for high-tech sectors, defense, and clean energy, areas directly impacted by restrictions imposed in recent years. In exchange, the U.S. signals a relaxation of measures on strategic inputs, such as chips, aerospace parts, and chemical materials.
The meetings in London mark the concrete reopening of dialogue between the two largest economic powers, after a period marked by tariff tensions, embargoes, and uncertainties that pressured global supply chains and financial markets.
Now, the international market is closely watching the next steps: the political confirmation from Trump and Xi will be the trigger for the implementation of a pact that could reduce global volatility, unlock investments, and ease production costs in various sectors.
If approved, the agreement could become a milestone in the reconstruction of trade relations between the U.S. and China, directly influencing the geopolitical and economic landscape of the coming years.
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