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Tag: semiconductor trade
Navigating the 2025 U.S.-China Trade Framework: Economic and Policy Dimensions of a Strategic Reset
2025 U.S.-China Trade Framework: On June 11, 2025, the United States and China unveiled a preliminary framework aimed at resolving some of the long-standing trade frictions that have characterized bilateral relations over the past decade. The framework, discussed in closed-door sessions held in London, marks a tentative thaw following years of tit-for-tat tariffs, retaliatory measures, and strained diplomatic exchanges. Among the central features of the proposed arrangement are China's agreement to lift certain export controls on rare earth minerals and the United States' partial rollback of export restrictions on semiconductor-related software and aviation technologies.