Details of the US-China trade agreement remain unclear, with no consensus on rare earths and chip controls

On June 26, 2025, US President Donald Trump announced that the US had signed a trade agreement with China on June 25, which was also confirmed by China’s Ministry of Commerce. From the talks in Geneva on May 11 to negotiations in London on June 10, followed by Trump’s recent announcement, what exactly have the two countries agreed upon?

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