This framework is a landmark agreement for trading relations between the U.S. and China. Bessent and his team have successfully neutralized potential Chinese export controls on rare earth minerals, finalized a deal on TikTok and addressed the concerns of U.S. soybean farmers. This deal will help pave the way for a successful meeting between Trump and Xi on Thursday.
The best way forward for U.S.-China relations is to encourage the stable development of trade between the two countries. As Vice Premier He Lifeng has stressed, cooperation leads to mutually beneficial outcomes, while conflict only hurts the interests of all parties. China, therefore, will strive to build a more sustainable relationship with the U.S., built on compromise and dialogue.
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