Next steps in U.S.-China trade deal after Trump announces framework

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After President Trump announced a framework for a U.S.-China trade deal, both countries agreed to a 90-day tariff truce, with significant reductions in duties. The next steps include ongoing negotiations to resolve deeper issues such as intellectual property rights, forced technology transfers, and market access. Both sides have set up a joint mechanism to continue discussions, with U.S. and Chinese trade officials leading talks. There’s also talk of extending the truce if progress is made. While markets reacted positively, the next 90 days will be key in determining the deal's long-term success.

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