Brief by Shorts91 NewsDesk / 10:41am on 04 Jul 2025,Friday International
China’s commerce ministry has confirmed that the U.S. eased several export curbs such as lifts on restrictions for chip‑design software, ethane, and jet engines under the “hard‑won” London framework from June’s trade talks. Beijing has begun reviewing export licence applications for controlled items. While both sides are working “swiftly” to implement agreements, China cautioned Washington against “blackmail and coercion” and urged correction of “erroneous practices.” The move comes amid efforts to de‑escalate after retaliatory trade measures and tariffs. The timing is critical, with a July 9 deadline approaching and the broader objective of sustaining the 90‑day tariff pause and stabilizing economic ties. (PC: CNN & YouTube)
