Overview

• Negotiators in London forged a framework to reinstate the 90-day tariff truce set by the Geneva pact in May.
• The plan must be approved by Presidents Trump and Xi before tariff reductions can be reapplied.
• US representatives won China’s agreement to accelerate exports of rare earth minerals and related magnets.
• Beijing requested substantial relief from US curbs on technology exports as part of the restored trade accord.
• A US appeals court upheld existing tariffs after a lower court had ruled them unlawful.