China, Trump and trade deal
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President Donald Trump on Wednesday said in a Truth Social post that a “deal” with China has been completed. “Our deal with China is done,” Trump said in his all-caps social media post. Trump said both countries agreed to ease export restrictions,
Two days of trade talks resulted in what leaders called a framework agreement meant to solidify terms of a truce that the superpowers reached in Geneva last month.
While Donald Trump hailed the outcome of trade talks in London, Xi Jinping walked away with an understated strategic gain: a negotiating process that buys China time and helps defuse the threat of more harmful tariffs and technology curbs.
Oak Ridge's uranium enrichment facility supports America's AI ambitions amid concerns that China's aggressive nuclear reactor construction could give it an edge in powering data centers.
President Donald Trump said the deal with China is "done." His former Commerce Secretary told Business Insider it's far from comprehensive.
Treasury Secretary Scott Bessent speaks to the House Ways and Means Committee after the president announced a trade deal with China.