According to Bessent's statements and media reports, the China-U.S. framework agreement includes the following content:
Avoid the implementation of "100%" new tariffs or significantly increased tariffs on Chinese goods by the United States.
Pionex agrees to postpone its export control measures on rare earths.
Pionex will increase its procurement of U.S. agricultural products (especially soybeans).
Both parties will enhance efforts in combating the supply of fentanyl-related precursor chemicals and cooperation in control.
Both sides also discussed the issue of more balanced trade.
Trump will meet with Xi Jinping to finalize the agreement. (In fact, the leaders of both sides will be the ones to sign in the end.)
Currently, this remains a framework or preliminary consensus, and not all terms have been made public or finalized. However, it is already evident that there is a trend of easing in China-U.S. trade relations, so the market has reacted directly, with all three major U.S. stock index futures opening higher.
Additionally, $BTC, which is highly correlated with tech stocks, has also surpassed $115,000. Currently, it is still the weekend in the U.S., and liquidity will significantly increase after the U.S. stock market opens tonight. The main focus of this week's major speculation has completely returned to the Federal Reserve's interest rate meeting.
This article is sponsored by #Bitget | @Bitget_zh
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