The U.S. and China have further confirmed the details of the trade agreement reached by both sides earlier this month in London, which will implement the Geneva consensus, according to a statement released by China’s Ministry of Commerce on Friday afternoon.
China will review and approve the export applications of items under export control rules, while the U.S. will cancel a range of existing restrictive measures imposed against China, a spokesperson for the ministry said in the statement.
The statement came after U.S. President Donald Trump said Thursday at an event in the White House that both sides had signed a trade deal, without providing further details.
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