Big Blitz Posted yesterday at 02:22 AM Posted yesterday at 02:22 AM One last hurdle tomorrow: The U.S. and China have reached an agreement on trade, representatives from both sides said after a second day of high-level talks in London. “We have reached a framework to implement the Geneva consensus and the call between the two presidents,” U.S. Commerce Secretary Howard Lutnick told reporters. That echoed comments to reporters from Li Chenggang, China’s international trade representative and a vice minister at China’s Commerce Ministry. U.S. President Donald Trump and Chinese President Xi Jinping spoke by phone late last week, stabilizing what had become a fraught relationship with both countries accusing each other of violating the Geneva trade agreement. At a meeting in Switzerland in mid-May, the world’s two largest economies had agreed to a 90-day suspension of reciprocal tariffs added in April, and a rollback of certain other measures. Lutnick said he and U.S. Trade Representative Jamieson Greer will head back to Washington, D.C., to “make sure President Trump approves” the framework. If Xi also approves it, then “we will implement the framework,” Lutnick said. Chinese restrictions on rare-earth exports to the U.S. are a “fundamental part” of the latest agreement and the U.S. expects the issue “will be resolved in this framework implementation,” Lutnick said. He indicated U.S. restrictions on sales of advanced tech to China in recent weeks would be rolled back as Beijing approves rare-earth exports. https://www.cnbc.com/2025/06/11/us-china-agree-on-framework-to-implement-geneva-trade-consensus-.html 2 1 2
Big Blitz Posted 23 hours ago Author Posted 23 hours ago lol to idiots that think it’s just the exact same as January 20, 2025. 1
Roundybout Posted 23 hours ago Posted 23 hours ago 22 minutes ago, B-Man said: ACTUAL FACTS Okay, what is the benefit? How is this an improvement over the previous trade?
Roundybout Posted 22 hours ago Posted 22 hours ago 5 minutes ago, B-Man said: Seems like a fair question from the American people. What is the benefit here?
Big Blitz Posted 22 hours ago Author Posted 22 hours ago 13 minutes ago, Roundybout said: Seems like a fair question from the American people. What is the benefit here? What’s the negative? 2
Roundybout Posted 22 hours ago Posted 22 hours ago 1 minute ago, Big Blitz said: What’s the negative? Trump and his followers taking credit for a deal that doesn’t do anything. Remember when he just changed the name on NAFTA and called it a great accomplishment? Also the tariffs are still in place.
Andy1 Posted 22 hours ago Posted 22 hours ago This is Trump getting nothing. All the financial losses to American businesses and consumers just so we can continue to pay more in tariffs than before Trump. The key issues remain unresolved.
AlBUNDY4TDS Posted 22 hours ago Posted 22 hours ago 16 minutes ago, Andy1 said: This is Trump getting nothing. All the financial losses to American businesses and consumers just so we can continue to pay more in tariffs than before Trump. The key issues remain unresolved. It's an ongoing negotiation, but who needs facts? 2
T master Posted 20 hours ago Posted 20 hours ago 14 hours ago, Big Blitz said: One last hurdle tomorrow: The U.S. and China have reached an agreement on trade, representatives from both sides said after a second day of high-level talks in London. “We have reached a framework to implement the Geneva consensus and the call between the two presidents,” U.S. Commerce Secretary Howard Lutnick told reporters. That echoed comments to reporters from Li Chenggang, China’s international trade representative and a vice minister at China’s Commerce Ministry. U.S. President Donald Trump and Chinese President Xi Jinping spoke by phone late last week, stabilizing what had become a fraught relationship with both countries accusing each other of violating the Geneva trade agreement. At a meeting in Switzerland in mid-May, the world’s two largest economies had agreed to a 90-day suspension of reciprocal tariffs added in April, and a rollback of certain other measures. Lutnick said he and U.S. Trade Representative Jamieson Greer will head back to Washington, D.C., to “make sure President Trump approves” the framework. If Xi also approves it, then “we will implement the framework,” Lutnick said. Chinese restrictions on rare-earth exports to the U.S. are a “fundamental part” of the latest agreement and the U.S. expects the issue “will be resolved in this framework implementation,” Lutnick said. He indicated U.S. restrictions on sales of advanced tech to China in recent weeks would be rolled back as Beijing approves rare-earth exports. https://www.cnbc.com/2025/06/11/us-china-agree-on-framework-to-implement-geneva-trade-consensus-.html What they need to do is just cut all ties with China period !! But then the entitled wouldn't be able to get their cheap goods at Walmart !!
K D Posted 20 hours ago Posted 20 hours ago 41 minutes ago, T master said: What they need to do is just cut all ties with China period !! But then the entitled wouldn't be able to get their cheap goods at Walmart !! They want those Walmart workers to make $25 an hour but they don't want to pay more for the Walmart items to make it happen. Then where does the money come from? It makes no sense.
Roundybout Posted 18 hours ago Posted 18 hours ago 4 hours ago, AlBUNDY4TDS said: It's an ongoing negotiation, but who needs facts? Hang on. It was announced by Trump that this is the deal. There are no more negotiations. This is it. 2 hours ago, T master said: What they need to do is just cut all ties with China period !! But then the entitled wouldn't be able to get their cheap goods at Walmart !! I’m not paying 300% more for something just so it’s made in Ohio.
All_Pro_Bills Posted 17 hours ago Posted 17 hours ago 9 minutes ago, Roundybout said: I’m not paying 300% more for something just so it’s made in Ohio. Tariffs are one form of government interference in the market between buyers and sellers. And if you feel this way about tariffs I assume you don't support blue state liberals that demand everyone makes a "living wage" and legislate to raise wages higher which increase the costs to businesses which results in businesses raising prices on consumers. In either case you're going to pay more. Both tariffs and minimum wage laws interfere with the market. Both increase costs to consumers but the majority of Trump haters are generally okay with minimum wage laws. A big part of the reason a Big Mac Meal is $10.19. 1
AlBUNDY4TDS Posted 17 hours ago Posted 17 hours ago 32 minutes ago, Roundybout said: Hang on. It was announced by Trump that this is the deal. There are no more negotiations. This is it. I’m not paying 300% more for something just so it’s made in Ohio. That is not true. 2
B-Man Posted 17 hours ago Posted 17 hours ago 1 minute ago, AlBUNDY4TDS said: That is not true. Well it's not like Roundy would have read anything about the framework agreement before he posted his usual crap. 1
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