LONDON — The United States and China have reached a preliminary trade agreement following two days of high-level negotiations in London, officials from both sides confirmed Tuesday.
The framework agreement will now be submitted to U.S. President Donald Trump and Chinese President Xi Jinping for formal approval before it can be implemented.
The latest round of talks follows a breakthrough reached in mid-May, when both countries agreed to pause new tariffs for 90 days, creating a critical window for negotiators to work toward a longer-term resolution.
Key Developments:
- The draft agreement reportedly addresses tariff reductions, intellectual property protections, and increased market access.
- It aims to restore stability to U.S.–China trade relations after a period of heightened economic tensions.
- Negotiators have emphasized that final details remain subject to presidential sign-off.
Representatives described the discussions as “constructive,” with both governments aiming to prevent further disruption to global supply chains and investor confidence.
Further updates are expected following a formal review by both heads of state in the coming weeks.
