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Lutnick says reached a framework with China, if approved will implement Geneva agreement

by Investor News Today
June 10, 2025
in Investing
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Lutnick says reached a framework with China, if approved will implement Geneva agreement
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Some optimistic information out of the US-China commerce talks in London. The framework settlement reached relies on Trump approving it. I can not see why not, until he’s one in all his moods.

Bolding is mine, appears optimistic, however it’s clear its not but a commerce deal. Nonetheless, have to start out someplace, proper?:

U.S. Commerce Secretary Lutnick talking after commerce discussions with China:

  • Now we have reached a framework to implement the Geneva Consensus
  • Mixed Geneva Consensus with end result from leaders name on June 5
  • We’re going to return and see if Trump approves it
  • If accredited we’ll implement
  • Says Xi and Trump name modified end result

U.S. Commerce Consultant Greer:

  • focussed on full compliance
  • We don’t have one other assembly scheduled, however events will keep up a correspondence tomorrow and the subsequent day
  • We’re in fixed contact with China

U.S. Commerce Secretary Lutnick:

  • Thought behind all that is to extend our commerce with China
  • Framework is first step, we needed to get the negativity out

U.S. Commerce Consultant Greer:

  • We’re transferring as shortly as we will
  • We really feel optimistic about partaking with the Chinese language
  • As much as President whether or not deadline will get prolonged
  • Anticipate to see progress from China on fentanyl

U.S. Commerce Secretary Lutnick:

  • we anticipate that uncommon earth and magnets points shall be resolved on this
  • After they approve the licenses then it is best to anticipate our export implementation to come back down once more

—

Earlier:

The TL;DR on that is that China and the US have agreed to an in precept framework for implementing consensus between the 2 heads of state throughout their telephone talks on June 5, and reached at Geneva talks. This can be a begin however there may be nonetheless a lot to do earlier than we cann name this a commerce deal. That will not cease you-know-who from spouting garbage, simply so you are ready.

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