The White House signaled trade progress with China on Thursday, with an official saying both sides have reached an understanding on issues including expediting rare earth shipments to the United States.
After talks in Geneva in May, Washington and Beijing had agreed to temporarily lower steep tit-for-tat tariffs on each other’s products.
China also committed to easing some non-tariff countermeasures, but US officials later accused Beijing of violating the pact and slow-walking export license approvals for rare earths.
Both sides eventually agreed on a framework to move forward with their Geneva consensus following talks in London this month.
On Thursday, a White House official told AFP that President Donald Trump’s administration and China have “agreed to an additional understanding for a framework to implement the Geneva agreement.”
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