🇺🇸🇨🇳 *BREAKING: The U.S. and China Reach Preliminary Agreement on New Trade Deal*

After two days of intense negotiations in London, the United States and China have reached a preliminary agreement on a framework for a new trade deal. This development aims to implement the agreements made during previous talks in Geneva, including a 90-day pause on tariff increases between the two nations.

🤝 Key Points:

- *Framework Agreement*: U.S. Secretary of Commerce Howard Lutnick and Chinese Vice Minister of Commerce Li Chenggang confirmed the preliminary agreement, pending approval from Presidents Trump and Xi .......

- *Rare Earth Minerals*: The framework aims to address issues related to rare earth minerals, which are critical for technologies and defense.

- *Tariff Reductions*: The agreement seeks to restore elements of the Geneva pact, which included tariff reductions and China's commitment to expedite export licenses for critical minerals.

- *Pending Approvals*: The final approval of this framework still awaits confirmation from U.S. President Donald Trump and Chinese President Xi .....

📉 Market Reaction:

Despite high anticipation from investors, the announcement had little effect on U.S. stock futures, which dipped slightly.

🔍 What’s Next?

While the framework represents a step forward in U.S.-China trade relations, analysts view the outcome as minimal progress, describing it more as a reaffirmation than an advancement. The success of the agreement will depend on final approvals and the resolution of critical issues such as the flow of essential minerals vital for industries like electronics, automotive, and defense.

Stay tuned for more updates as the situation develops. #Tradersleague