The US and China have a framework: Bessent confirmed a "very substantial" deal… · @cybssky · TwKit
@cybssky
The US and China have a framework: Bessent confirmed a "very substantial" deal from the Kuala Lumpur talks — the 100% tariffs set for November 1 are off the table. In exchange, China's rare earth export controls get deferred by a year. Neither the tariff hammer nor the rare-earth card got played this time. Trump and Xi meet Thursday at APEC in South Korea to sign off, and the tariff truce expiring November 10 will likely be extended.
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