The truth about Trump's new trade 'framework' with China

Trade Negotiations Progress - US and China are seemingly making progress in trade talks, aiming to revert to the Geneva agreement made a month prior [1] - China is expected to immediately begin granting rare earth export licenses to US companies [2] - These licenses are reported to only last for 6 months, indicating a potentially short-lived truce [2] Tariffs and Deadlines - Current US tariffs on Chinese goods are expected to remain at their existing levels [2] - The US has already imposed 30% tariffs on Chinese imports since the current administration took office [3] - China has retaliated with 10% tariffs on US goods [4] - The 90-day countdown for other countries to negotiate new trade deals with the US continues [4] - The July 9th deadline for trade negotiations may be extended for countries engaged in good-faith discussions with the US [4]