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Trump says US has signed a deal with China on trade, without giving details
Manila Bulletin
|June 28 2025
The United States and China have signed an agreement on trade, President Donald Trump said, adding he expects to soon have a deal with India.
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Commerce Secretary Howard Lutnick told Bloomberg TV that the deal was signed earlier this week. Neither Lutnick nor Trump provided any details about the agreement.
We just signed with China the other day, Trump said late Thursday.
Lutnick said the deal was signed and sealed two days earlier.
China's Commerce Ministry said Friday that the two sides had further confirmed the details of the framework. But its statement did not explicitly mention US access to rare earths, minerals used in high-tech applications that have been at the center of negotiations.
China will approve the export applications of controlled items that meet the conditions in accordance with the law. The United States will cancel a series of restrictive measures taken against China accordingly. It is hoped that the United States and China will meet each other halfway, it said.
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