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Lutnick Says US-China Trade Truce Signed,
10 Deals Imminent

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Posted By: sunset, 6/27/2025 9:30:55 PM

The US and China finalized a trade understanding reached last month in Geneva, US Commerce Secretary Howard Lutnick said, adding that the White House has imminent plans to reach agreements with a set of 10 major trading partners. The China deal, which Lutnick said had been signed two days ago, codifies the terms laid out in trade talks between Beijing and Washington, including a commitment from China to deliver rare earths used in everything from wind turbines to jet planes. “They’re going to deliver rare earths to us” and once they do that, “we’ll take down our countermeasures,” Lutnick told Bloomberg News in an interview.

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Also nearing finalization are India and Japan.

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Reply 1 - Posted by: thefield 6/28/2025 12:45:27 AM (No. 1970255)
We can talk to our enemies across the pacific, but not our friends across the Windsor tunnel.
5 people like this.

Reply 2 - Posted by: NotaBene 6/28/2025 3:52:59 AM (No. 1970263)
Please sign promptly your trade agreements before the Trump Steamroller rolls all over you. So far only UK and China are aboard. Europe better shape up.
8 people like this.

Reply 3 - Posted by: Zigrid 6/28/2025 9:43:30 AM (No. 1970342)
So what the mainstream Bloomberg folks are telling me...in a round about way...President Trump has succeeded.....where all else has failed.....clinton...bush...obama...biden...never even tried...President Trump is cleaning their clocks...of the mess they left hidden in files at the CIA and FBI....but Kash and Bongino...have it under control....WE the people can sleep comfortably knowing real men are in charge.striving and driving our country into a golden future.....
5 people like this.

Reply 4 - Posted by: DVC 6/28/2025 11:38:39 AM (No. 1970431)
I still think we need to be rapidly working to end ALL trade with our enemy, China.
0 people like this.

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Posted by sunset 6/27/2025 9:30:55 PM Post Reply
The US and China finalized a trade understanding reached last month in Geneva, US Commerce Secretary Howard Lutnick said, adding that the White House has imminent plans to reach agreements with a set of 10 major trading partners. The China deal, which Lutnick said had been signed two days ago, codifies the terms laid out in trade talks between Beijing and Washington, including a commitment from China to deliver rare earths used in everything from wind turbines to jet planes. “They’re going to deliver rare earths to us” and once they do that, “we’ll take down our countermeasures,” Lutnick told Bloomberg News in an interview.
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