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China confirms U.S. trade framework as President Trump pursues more deals

  • China has confirmed a trade agreement with the United States to supply rare earth minerals, as President Trump pursues more deals globally.
  • The deal involves China delivering rare earths following trade talks in London, with the U.S. lifting countermeasures once materials start flowing from China.
  • President Trump hinted at a potential significant trade deal with India that could open up the Indian market to American businesses.
  • Discussions on trade agreements with China and India are seen as positive for Apple and its shareholders due to the importance of these countries in Apple's product production and assembly.

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