Framework to Delay Tariffs and Export Restrictions
American and Chinese negotiators have reached a preliminary deal aimed at preventing a major escalation in their ongoing trade dispute. The understanding, achieved after a series of discussions in Kuala Lumpur, would temporarily halt Washington’s planned 100 percent tariffs on Chinese goods while Beijing agrees to postpone export limits on rare earth minerals. The proposal will now be reviewed by Presidents Donald Trump and Xi Jinping during their scheduled meeting in South Korea.
Agricultural and Technology Promises Included
The draft deal includes China’s pledge to resume large-scale imports of American soybeans and other agricultural products. It also outlines steps for closer collaboration on controlling chemicals used in the production of fentanyl. Additional topics, such as oversight of Chinese technology firms operating in the U.S. and potential adjustments to port and trade regulations, were also addressed. The framework marks one of the most significant attempts in recent years to ease economic tensions between the two countries.
Awaiting Final Decision From Both Leaders
Officials have cautioned that the agreement remains provisional and could be revised following the Trump-Xi summit. While negotiators described the outcome as encouraging, analysts warn that lingering mistrust and competing strategic interests may complicate the path to a lasting resolution. The temporary pause in tariff threats, however, offers both governments a chance to stabilize relations and refocus on broader economic cooperation.
