US and China agree on trade framework after two days of talks in London, Chinese negotiator says | CNN Business

Hong Kong CNN  — 

The United States and China have agreed on a trade framework after two days of negotiations in London, China’s trade negotiator Li Chenggang told reporters on Wednesday, according to Chinese state broadcaster CGTN.

The two sides “have agreed in principle on the framework for implementing the consensus reached by the two heads of state during their phone talks on June 5 and at Geneva talks last month,” he said.

The US and Chinese officials will now take the proposal back to their leaders for approval, US Commerce Secretary Howard Lutnick

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