00:00After months of wrangling and threats from both sides, the U.S. and China have signed a trade agreement, President Trump said on Friday.
00:08Trump didn't provide any details of the agreement, but U.S. officials said it was signed earlier this week.
00:15The agreement follows initial talks in Geneva last month that led both sides to postpone massive tariff hikes that were threatening to freeze trade between the two countries.
00:25China's Commerce Ministry said on Friday that the two sides had further confirmed the details of the framework.
00:32It's unclear if the latest deal is different from the one Trump announced two weeks ago, that he said would give U.S. industries easier access to rare earth minerals and magnets,
00:42while Washington would stop revoking visas for Chinese nationals at U.S. universities.
00:48Beijing's limits on exports of rare earths, vital to high-tech products, including electric vehicles, have been a key point of contention.
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