Chinese and American officials have reached a framework trade agreement after two days of talks, marking a step towards implementing the consensus reached between the presidents of the two countries. The agreement includes plans to lift restrictions related to rare earth elements and key raw materials for high technology. This agreement comes amid a significant drop in Chinese exports to the US, which fell by 34.5% in May, the largest decline in five years.
Political Perspectives:
Left: Left-leaning outlets emphasize the potential for the agreement to reduce trade tensions and promote cooperation between China and the US, highlighting the benefits for global economic stability and the importance of multilateral dialogue.
Center: Center-leaning sources report the facts of the agreement, focusing on the details of the trade deal, the economic data showing the decline in Chinese exports to the US, and the implications for future trade relations without strong editorializing.
Right: Right-leaning media often stress the strategic competition between the US and China, viewing the agreement as a tactical move by China to ease restrictions on critical materials, while warning about the risks of dependency on China for key technologies.
