Overview

• China will review and approve export applications for controlled items under its laws and regulations as part of the deal.
• The US committed to lifting a series of restrictive trade measures previously imposed on China, the Commerce Ministry said.
• The agreement finalizes details of the framework first agreed during June negotiations in London, solidifying reciprocal commitments.
• The deal implements the Geneva consensus reached earlier in June to reduce tensions and stabilize global supply chains.
• President Donald Trump announced at a White House event that both sides had signed the deal without providing further details.