US agrees to trade framework with China

( June 11, 2025, 01:07 GMT | Official Statement) -- MLex summary: US officials have agreed to a framework trade deal with China during high-stakes talks in London this week. Commerce Secretary Howard Lutnick told reporters that rare earth minerals and magnets will be part of the framework deal, and that the US could ease up on some of its own measures, potentially on semiconductor chips. US Trade Representative Jamieson Greer added that the agreement could move forward "speedily," though leaders from both countries need to sign off on the deal.Lutnick statement follows:...

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