U.S. and China Agree to Get Geneva Pact Back on Track

U.S. and Chinese negotiators wrapped up two days of intense talks here with what they said was a framework to get their trade truce back on track and ratchet down tensions between the two biggest economies.

Representatives from the countries said the framework would essentially restore a pact they agreed to in Switzerland last month, a deal that saw both sides lower tariffs and was premised in part on Beijing’s promise to speed up critical mineral-export licenses while the negotiators kept talking.

In a post to Truth Social on Wednesday morning, President Trump said that “full magnets, and any necessary rare earths, will be supplied, up front, by China” as part of the deal. He also said he would approve “Chinese students using our college and universities,” adding that such attendance has “always been good with me.”