LONDON—The marathon trade talks between the U.S. and China ended before midnight on Tuesday, bringing to an end the second day of talks that had begun nearly 14 hours earlier.
“We have reached a framework to implement the Geneva consensus and the call between the two presidents,” Commerce Secretary Howard Lutnick told reporters as he left the meeting.
In Geneva last month, the U.S. and China reached a preliminary agreement that focused on rare earth shipments from China and reductions of U.S. tariffs on Chinese goods that had climbed above 100 percent. In recent weeks, however, the two countries had come to loggerheads as progress on those measures stalled.
Last week, U.S. President Donald Trump and Chinese leader Xi Jinping spoke on the phone and
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