China said it has further confirmed details of a trade framework with Washington, echoing US Commerce Secretary Howard Lutnick’s earlier comments about a US-China agreement that stabilized ties.
Officials from both countries have maintained close contact after holding trade talks in London earlier this month, a spokesperson for the Chinese Commerce Ministry said in a statement Friday.
“In recent days, after approval, both sides have further confirmed details on the framework,” the person said. “The Chinese side will review and approve eligible applications for export of controlled items in accordance with the law. The US side will correspondingly cancel a series of restrictive measures taken against China.”
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Guy Johnson.
Chapters:
00:00:00 – The Opening Trade
00:01:08 – Tariffs: Trump vs Von der Leyen
00:02:56 – Lutnick: China Deal Signed Two Days Ago
00:06:57 – S&P 500 Record Highs
00:10:13 – BBVA Favors Sabadel Merger
00:10:30 – Starmer Welfare Cuts
00:15:18 – Fed Officials Open to Cutting Rates
00:25:50 – Von Der Leyen on Tariffs
00:39:26 – US Stocks Not Convincing
00:44:56 – Gold Price Second Weekly Loss
00:47:46 – Stocks to Watch: BBVA, Sportswear, Akzo Nobel
01:11:32 – Wang Yi to Visit Germany, France
01:13:18 – Jobless Claims Rise
01:28:03 – Trumps Threatens Spain
01:32:08 – ‘Need Tougher Sanctions on Russia’: Max Hastings
01:35:09 – Jeff Bezos Venice Wedding
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