US-China Trade Deal Leaves a Lot of Questions Unanswered
From Investing.com: 2025-06-11 07:23:00
The US and China have reached a preliminary trade agreement to address issues related to rare earth minerals and magnets, building on the Geneva consensus. The deal comes after tough talks in London led by U.S. Commerce Secretary Howard Lutnick. Market reaction has been positive, but details are awaited for clarity. In China, restrictions on rare earth exports are easing, with companies receiving export licenses. Asian stocks rose slightly, with mainland China leading gains. European stocks remained flat, with UK homebuilders rising but retailers falling. The DAX Index is holding at 24000 support, supported by US-China optimism.
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