On June 10, US President Donald Trump said that trade negotiations between the US and China are making significant progress. He stated: "We are making good progress with China and have just received positive news from London. We will consider removing export control measures, and negotiations between the two sides are continuing."
This statement shows a positive signal in US-China trade relations after a long period of tension due to high-tech export restriction policies and reciprocal tariff measures. The US considering relaxing export restrictions could pave the way for new breakthrough negotiations, especially in the context of the world's two largest economies seeking to reach an agreement after a series of mutual trade retaliations.
Information from President Trump also attracted global investors' attention, raising expectations of a potential comprehensive trade agreement between the US and China, thereby contributing to improving the international economic environment and reducing geopolitical risks.
